Baker McKenzie has advised Chicago-based Berlin Packaging, a portfolio company of Oak Hill Capital Partners and the Canada Pension Plan Investment Board, on its acquisition of RIXIUS AG, a German supplier specialized in rigid packaging for the industrial end market. The transaction is subject to customary closing conditions and expected to close in Q4 2024.
BWK, a German investment firm, has been the main shareholder of RIXIUS AG since 2007 and will exit its investment upon completion.
Berlin Packaging is the world's largest hybrid packaging supplier of glass, plastic, and metal containers and closures and supplies billions of items annually along with package design, financing, consulting, warehousing, and logistics services for customers across all industries.
RIXIUS AG offers a wide portfolio of packaging products as well as a range of value-added services, such as personalization, labeling, decoration and sustainability consultancy.
"We are pleased to have supported Berlin Packaging in its European growth strategy and its first acquisition in Germany," said Daniel Dehghanian, lead partner on the transaction. "Our full-service offering once again allowed us to provide comprehensive advice in all relevant legal areas from a single source."
Baker McKenzie's Corporate/M&A practice regularly advises on domestic and international transactions. Most recently, Baker McKenzie advised Instalco on the investment in FABRI AG, the main shareholder on its exit from Atlantic Hub, AURELIUS on the acquisition of What’s Cooking Savoury Division, UBE Corporation on its acquisition of the Urethane Systems business from LANXESS, Grundfos on the acquisition of Culligan's C&I business, Flipp Operations on joining forces with MEDIA Central to create the world's leading provider of drive-to-store marketing, Uniwater, a Swedish headquartered group within water infrastructure on the acquisition of 4 pipes, VINCI Energies on the acquisition of the Fernao Group, Gienanth Group on the sale of its Austrian, German and Czech entities in the course of their restructuring, GNMI on the agreement to acquire Merck's surface solutions business, Mitsubishi Tanabe Pharma on the divestment of its Argatroban business, KD Pharma Group on the acquisition of the marine lipids business from dsm-firmenich in exchange for a minority stake in the company, Saab on a new investment in Helsing and Freaks 4U Gaming on a strategic acquisition by NODWIN Gaming.
Legal advisor to Berlin Packaging:
Baker McKenzie
Lead:
Corporate/M&A: Daniel Dehghanian (partner, Düsseldorf)
Team:
Corporate/M&A: Dr. Daniel Bork (partner, Düsseldorf), Dr. Markus Mörtel (counsel, Frankfurt), Celina Anna Zaim (senior associate, Düsseldorf), Jessica Buchholz (associate, Frankfurt), Dr. Julian de Leve (associate, Frankfurt), Dr. Jan Lucas Gutsche (associate, Düsseldorf), Till Pflug (associate, Frankfurt)
Banking & Finance: Matthias Töke (partner, Frankfurt), Kieran Verdano (associate, Frankfurt)
Regulatory: Dr. Katharina Weiner (partner, Düsseldorf), Dr. Janet Butler (counsel, Berlin)
Employment: Dr. Felix Diehl (partner, Frankfurt), Annika Kißener (associate, Frankfurt), Dr. Sebastian F. Pfrang (associate, Frankfurt)
IP/IT: Patrick Wilkening (partner, Düsseldorf), Dr. Markus Hecht (counsel, Frankfurt), Dr. Moritz Sutterer (associate, Munich)
IT/Data Protection: Florian Tannen (partner, Munich), Olivia Kliem (associate, Munich), Lennart Reich (associate, Munich)
Antitrust & Competition: Jan Kresken (partner, Düsseldorf), Dr. Anita Lukaschek (counsel, Vienna), Dr. Florian Kotman (senior associate, Düsseldorf), Paul Stoss (associate, Vienna)
Pharma: Dr. Frank Pflüger (partner, Frankfurt)
Commercial & Trade: Katharina Spenner (partner, Munich), Hannah Mack (associate, Munich), Joachim Fröhlich (counsel, Munich),
Tax: Christoph Becker (partner, Frankfurt), Thomas Gierath (partner, Munich)