We advised Steinbeis Packaging Group
Steinbeis Holding GmbH, Stuttgart, Germany
Steinbeis Holding GmbH is the holding company of the Steinbeis family.
CCL Industries Inc., Toronto, Canada
CCL Industries is a provider of packaging solutions.
Steinbeis Holding GmbH carved out its label printing division, consisting of companies in Holzkirchen, Germany, in Boothwyn, USA, in Hefei, ROC and in Périgueux, France, from Steinbeis Holding GmbH and sold it to CCL. The sale followed on the heels of an announced joint venture with CCL for Europe and Asia in the field of label printing.
HSCie advised Steinbeis Holding GmbH on the entire process. This involved at first negotiations for the joint venture, which then led to a sale. HSCie drew up the transaction documentation, advised on the valuation, on the carve-out of the transaction object, as well as on the structure of the transaction and the due diligence process, and it managed the negotiations.
Transaction value: Not published
Industry: Industrial products
Business field: Mergers & Acquisitions