Herbert Smith Freehills advises Magnum Capital on ITASA deal

Herbert Smith Freehills acted for Magnum Capital Industrial Partners on its acquisition of Industrias de Transformación de Andoain (ITASA), according to Mergermarket.

Headquartered in Andoain, Spain, ITASA manufacturers silicone-coated paper.

It has 180 employees and is capable of manufacturing 700 million square metres of paper each year.

The company has three production facilities, which are located in Spain, Mexico and Malaysia.

Ben Cook