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Bernitsas Advises Guala Closures on Acquisition of Astir Vitogiannis Bros

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Bernitsas, working with Bonelli Erede, has advised Guala Closures on the acquisition of Astir Vitogiannis Bros, with an enterprise value of EUR 136 million, from a company within the Ideal Group.

Guala Closures is a producer of closures for spirits, wine, edible oil, water, and a range of other beverages.

Astir Vitogiannis is a Greek crown cork manufacturer with operations in Greece and South Africa and worldwide exports.

The Bernitsas team included Partners Lambros Belessis, Evi Kitsou, Marina Androulakakis, and Fotodotis Malamas, Counsel Maria Kloni, Senior Associates Lina Mastrogiannopoulou, Iris Sotiriou and Ioanna Stamou, and Associates Chryssa Andresaki, Maria Cheimona, Antonis Fix, Sildia Fotopoulou, Yolanda Kalogirou, Marialena Mavrikaki, Anna Meletiou, Niki Nisotaki, Martha Ntounou, and Ioniki Poulaki.

Bernitsas did not respond to our inquiry on the matter.