Kinstellar, working with Orrick, Herrington & Sutcliffe, has advised on the combination of KTP Kunststoff Palettentechnik and ConTeyor International. Soltysinski Kawecki & Szlezak advised on the merger as well.
The transaction remains contingent on regulatory approvals.
Germany-based KTP Kunststoff Palettentechnik is a portfolio company of VR Equitypartner.
Belgium-based ConTeyor International is majority-owned by Gilde Equity Management.
According to Kinstellar, "the transaction creates a leading group in the sustainable packaging sector, combining KTP's foldable container expertise with ConTeyor's textile inner packaging solutions. The newly formed group is expected to generate sales of approximately EUR 200 million annually and employ around 1,000 people."
The Kinstellar team in Prague included Partner Karla Rundtova, Managing Associate Adam Nemec, and Senior Associate Tereza Holubova.
The SK&S team included Partner Slawomir Uss and Senior Associate Pawel Bochnia.
