News – Operational legal support
18 April 2014
We assisted the management of AR Metallizing NV in the preparation, negotiation and closing of their investment in AR Metallizing, together with H.I.G. Europe, the European arm of the global private equity firm H.I.G. Capital, at the occasion of the sale of AR Metallizing by Sofinim (Ackermans & van Haaren) to the purchasers.
The transaction involved the negotiation of share purchase and vendor loan documentation, the structuring and negotiation of syndicated acquisition finance provided by a consortium of banks, as well as the design of governance arrangements between HIG and the management.
H.I.G., founded in 1993, is a global private equity investment firm with more than 9 billion euros of equity capital under management and focuses on companies with an Ebitda between 5 and 50 million euros. The firm’s current portfolio includes more than 80 companies with combined revenues in excess of 10 billion euros.
AR Metallizing is the world’s largest producer of coated metallized paper and packaging solutions. The company’s products serve blue chip companies primarily in the beverage, food and personal care industries.
David Dessers, Pieter Capiau and Wim Van Berendoncks constituted the Cresco deal team for this transaction and ongoing legal support.
For any further information or questions, please contact David Dessers.