B&C Group’s Minority Investment In Schur Flexibles Group

Freshfields Bruckhaus Deringer advised Lindsay Goldberg on the deal.

Lindsay Goldberg, a leading private-equity investment firm that focuses on partnering with families, founders and management teams, sold 80 percent of Schur Flexibles Group to B&C Group. Lindsay Goldberg will remain invested with 20 percent in Schur Flexibles following the closing of the transaction, which remains subject to antitrust approvals.
 
Headquartered in Austria, Schur Flexibles specializes in innovative, premium high-barrier packaging solutions. Since Lindsay Goldberg’s investment in the year 2016, Schur Flexibles increased sales by more than 50 percent to €540 million (2020) and nearly tripled EBITDA. During this time, the number of employees grew from 1,200 to 2,100. 
 
The Freshfields team advising on the transaction was led by partner Arend von Riegen (Picture), principal associate Steffen Kleefass and associate Anna Dominke, and was supported by Daniel Lungenschmid and David Anschütz (all Corporate/M&A). Additional advice was rendered by Thomas Wessely and Vanessa van Weelden (both Competition), Michael Josenhans and Matthis Grenzer (both Finance), David Beutel, Claus Staringer and Katharina Kubik (all Tax), Frank Schaer and Hendrik Bier (both People & Reward), Sascha Arnold (DR/Environmental) and Marius Scherb (DR/Commercial).

Involved fees earner: David Anschütz – Freshfields Bruckhaus Deringer LLP; Sascha Arnold – Freshfields Bruckhaus Deringer LLP; David Beutel – Freshfields Bruckhaus Deringer LLP; Hendrik Bier – Freshfields Bruckhaus Deringer LLP; Anna Dominke – Freshfields Bruckhaus Deringer LLP; Matthis Grenzer – Freshfields Bruckhaus Deringer LLP; Michael Josenhans – Freshfields Bruckhaus Deringer LLP; Steffen Kleefass – Freshfields Bruckhaus Deringer LLP; Katharina Kubik – Freshfields Bruckhaus Deringer LLP; Daniel Lungenschmid – Freshfields Bruckhaus Deringer LLP; Frank Schaer – Freshfields Bruckhaus Deringer LLP; Marius Scherb – Freshfields Bruckhaus Deringer LLP; Claus Staringer – Freshfields Bruckhaus Deringer LLP; Vanessa Van Weelden – Freshfields Bruckhaus Deringer LLP; Arend von Riegen – Freshfields Bruckhaus Deringer LLP; Thomas Wessely – Freshfields Bruckhaus Deringer LLP;

Law Firms: Freshfields Bruckhaus Deringer LLP;

Clients: Lindsay Goldberg;

Author: Federica Tiefenthaler