Aurelius instructs KWM on Abelan acquisition
King & Wood Mallesons (KWM) advised German investment firm Aurelius Group on the acquisition of Spanish packaging company Abelan Board Industrial from PHI Industrial.
Abelan specialises in the production of “core board” for cardboard tubes and boxes as well as supplying boxes and trays to companies in the European agricultural, meat, and flower industries.
Abelan’s 2017 revenue was expected to total approximately €70m, according to reports.
The KWM team was led by partner Germán Cabrera, and also included partner Joaquín Sales and associates María Redondo and Gonzalo Fernández.