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POELLATH advises Oaktree on acquisition of vir-gin fiber cartonboard mills
Eerbeek and Baiersbronn have a combined annual capacity of approximately 245kt of virgin fiber cartonboard (FBB) produced on two board machines and employ approximately 400 people. Sales reached EUR 195 million in 2020.
MM is a leading manufacturer of cartonboard and folding cartons in Europe with a focus on sustainable and innovative fiber-based packaging solutions. The Group employs around 10,000 people and generates sales of approximately EUR 2.5 billion.
Oaktree is a leading global investment manager specializing in alternative investments, with USD 156 billion in assets under management worldwide.
POELLATH provided legal and tax advice to Oaktree regarding the management participation with the following team:
- Dr. Barbara Koch-Schulte (partner, M&A, private equity, tax law, Munich)
- Lorena Joana Echarri (counsel, M&A, private equity, tax law, Munich)