Frankfurt am Main — The private equity investor One Equity Partners (“OEP”) has acquired the ALLTUB Group (“ALLTUB”) from Aurora Resurgenceacquired. Allen & Overy LLP advised One Equity Partners (“OEP”) in connection with the financing of the acquisition of ALLTUB Group (“ALLTUB”). Jones Day has AdvisedAurora Resurgence, an affiliate of Aurora Capital Group, a Los Angeles-based private equity firm managing over $3 billion in assets, on the sale of Alltub Group (“Alltub”) to One Equity Partners. — The parties have agreed not to disclose the terms of the transaction.
ALLTUB is the world leader in flexible aluminum tubes for packaging products in the pharmaceutical, cosmetics and food sectors, as well as for industry. The company has six production sites in France, Germany, Italy, the Czech Republic and Mexico, employs 1,400 people worldwide and generates annual sales of more than 150 million euros.
OEP is a private equity investor with offices in New York, Chicago and Frankfurt and over $7 billion in assets under management, investing primarily in successful middle-market companies in North America and Europe active in the industrial, healthcare and technology sectors.
The international Allen & Overy team advised on the complex financing structure of the transaction, consisting of a unitranche financing in the form of bonds, provided by Partners Group.
Advisors to One Equity Partners: Allen Overy
The international Allen & Overy team advised on the complex financing structure of the transaction, consisting of a unitranche financing in the form of bonds provided by Partners Group.
The Allen & Overy team was led by partner Thomas Neubaum and counsel Bianca Engelmann and also included senior associate David J. Schmidt, associate Enda Jordan and transaction support lawyers Anastasiya-Evangelina Wiegand (all Frankfurt) and Angelika Pikulska (Munich, all banking and finance). The international team included: Partner Jean-Christophe David, Senior Associate ;Asha Sinha and Associate Dorian Le (all Banking and Finance), Partners Dan Lauder (International Capital Markets), Mathieu Vignon (Tax, all Paris) and Stefano Sennhauser (Milan), Counsel Silvie Horackova (Prague, both Banking and Finance), Senior Associate Lorraine Miramond (Paris, International Capital Markets), Associates Gijs Kerstjens (Amsterdam), David Bujgl (Prague, both Banking and Finance), Virginie Chatté (Paris), Charlotte Hoff (Amsterdam, both Tax), Juriste Thibault Debrai-Malot (Paris, Corporate) and Peerpoint Consultants Jacqueline Bell and Carolijn Ulmer (both Amsterdam, both Banking and Finance).
AdvisorAurora Resurgence: Jones Day
The Jones Day team was led by My Linh Vu-Grégoire (Partner, M&A, Frankfurt/Amsterdam/Paris). The following additional Jones Day attorneys were involved in the transaction: Dr. Sascha H. Schmidt (Of Counsel, Banking, Finance & Securities, Frankfurt), Dr. Holger Neumann (Partner, Public Law and Regulation, Frankfurt), Christian A. Krebs (Partner, M&A, Frankfurt), Dr. Johannes Zöttl (Partner, Antitrust, Düsseldorf), Markus Hamann (Of Counsel, Public Law and Regulation, Frankfurt), Bastiaan Kout (Associate, M&A, Amsterdam), Menno Geusens (Associate, M&A, Amsterdam) as well as lawyers from Jones Day’s offices in London, Milan, Mexico City, Munich, Paris, Pittsburgh and Washington.