Bär & Karrer Advises Constantia on the Acquisition of Aluflexpack

On 15 February 2024, Constantia Flexibles GmbH ("Constantia"), a portfolio company of an investment fund that is managed and advised by One Rock Capital Partners, LLC, has entered into a share purchase agreement to acquire approximately 57% of the shares of Aluflexpack AG ("Aluflexpack") from Montana Tech Components AG and Xoris GmbH. In parallel, Constantia and Aluflexpack have entered into an agreement on the terms and conditions of an all cash public tender offer for all publicly held registered shares of Aluflexpack. The offer price is between CHF 15.00 and CHF 18.75 per share, depending on the outcome of the regulatory process.

The board of directors of Aluflexpack has unanimously resolved to support Constantia's public tender offer and to recommend the acceptance of the public tender offer to its shareholders.

Bär & Karrer and Latham & Watkins LLP are acting as legal counsel of Constantia in the context of this transaction. The team of Bär & Karrer includes Mariel Hoch, Dominic Leu, Fabienne Perlini-Frehner and Sophie Aiko Müller (all M&A), Faton Aliu, Micha Schilling and Tim Salz (all Financing), Raoul Stocker and Patrick Schmid (both Tax), Laura Widmer and Sandra Schaffner (both Employment), Rehana Harasgama (Data Protection), Jonas Bornhauser (IP/IT) as well as Rocco Rigozzi (Real Estate).