Pérez-Llorca, Uría Menéndez and DLA Piper advise on €1.9bn Europac deal

Pérez-Llorca advised UK-based packaging business DS Smith on the acquisition of Spain-headquartered Europac, which instructed Uría Menéndez and DLA Piper.

The deal was valued at €1.9 billion, according to Mergermarket.

The acquisition, as well as DS Smith’s transaction expenses and the refinancing of Europac debt, will be financed from a €1.2 billion rights issue.

The deal is conditional on acceptance by Europac shareholders.

 

Ben Cook

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