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CMS Advises on ALPLA-BIlerudKorsnas JV for Development of Recyclable Paper Bottle Company

CMS Advises on ALPLA-BIlerudKorsnas JV for Development of Recyclable Paper Bottle Company

Austria
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CMS, working with Denmark's Bech Bruun law firm, has advised ALPLA on its entrance into a joint venture in Denmark with BillerudKorsnas to develop the fully biobased and recyclable paper bottle company ecoXpac. BillerudKorsnas was advised by Accura and Cederquist.

The formation of the joint venture is subject to regulatory approvals such as merger control clearances, and it is expected that the transaction will be completed in the third quarter of 2019.  

CMS's Vienna-based team was led by Partner Alexander Rakosi and included Partners Gabriela Staber, Dieter Zandler, and Maria Orlyk, Counsel Aiping Bao, Senior Associates Arcan Kemahli, and Evgenia Prudko, and Associates Marie-Christine Lidl, Marlene Wimmer-Nistelberger, Vanessa Horacek, Angela Chen, Taner Elmas, and Tetiana Mylenka. 

The Bech Bruun team in Denmark was led by Partner Niels Kornerup and included Senior Associate Anders Hagstrom and Associate Emil Dencker Steenberg.

Accura and Cederquist did not reply to our inquiries on this matter.

CMS at a Glance

CMS Sofia is a full-service law firm, the largest international law firm in Bulgaria and one of the largest providers of legal services in the local market as a whole. The breadth and depth of our practice means that our lawyers are specialised, with a level of specialisation that few of our competitors can match.

CMS Sofia is the Bulgarian branch of CMS, a top ten global legal and tax services provider with over 5000 lawyers in 43 countries and 78 offices across the world.

CMS entered the Bulgarian market as one of the first internationally active law firms in 2005 and is now among the most respected legal advisors in the country. We have 7 partners, 4 counsel and over 30 lawyers in our office in Sofia.

Our legal experts, who are rooted in Bulgaria’s local culture, can also draw on years of experience in foreign countries and are at home in several legal systems at once. We know the particularities of the local market just as well as the needs of our clients and combine both to achieve optimum solutions. Our lawyers are Bulgarian qualified and we also have English qualified experts – all of them regularly working on cross-border mandates.

In our work, we focus on M&A, Energy, Projects and Construction, Banking and Finance, Real Estate, Media, IP and IT law, Tax, Employment law, Competition, Procurement and any kind of Dispute resolution, including arbitration and mediation. What’s more, we also take care of the entire legal management of our clients’ projects.

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