Tekni-Plex’s Acquisition of Grupo Phoenix

Moelis & Company LLC. and Simpson Thacher served as Grupo Phoenix advisors while Ropes & Gray LLP assisted Tekni-Plex.

Tekni-Plex has signed a definitive purchase agreement to acquire Grupo Phoenix in a deal that will bolster Tekni-Plex’s ability to deliver market-focused, customer-driven packaging solutions, especially in food and beverage markets.

Grupo Phoenix manufactures rigid packaging and specializes in innovative and sustainable custom packaging solutions with capabilities in the United States, Colombia and Mexico and customers in over 30 countries. 

Tekni-Plex is a globally-integrated company focused on developing and manufacturing products for a wide variety of end markets, including medical, pharmaceutical, food, beverage, personal care, household and industrial. 

The team advising Tekni-Plex was led by private equity partner Elizabeth Gallucci (Picture, San Francisco), private equity associates Garrett Fitzgerald (San Francisco), Anna Park (New York), Claire Wolter (Boston) and Andrew Flynn (San Francisco), tax partner Ben Rogers (San Francisco), private equity counsel Amy Olson (San Francisco), real estate partner Peter Alpert (Boston), employment, executive compensation and employee benefits partners Jennifer Rikoski (Boston) and Doug Brayley (Boston), life sciences regulatory & compliance partner Al Cacozza (Washington, D.C.) and leveraged finance partner Michael Lee (Boston).

 

Involved fees earner: Peter Alpert – Ropes & Gray; Douglas Brayley – Ropes & Gray; Albert Cacozza – Ropes & Gray; Garrett Fitzgerald – Ropes & Gray; Andrew Flynn – Ropes & Gray; Elizabeth Gallucci – Ropes & Gray; Michael Lee – Ropes & Gray; Amy Olson – Ropes & Gray; Anna Park – Ropes & Gray; Jennifer Rikoski – Ropes & Gray; Benjamin Rogers – Ropes & Gray; Claire Wolter – Ropes & Gray;

Law Firms: Ropes & Gray;

Clients: Tekni-Plex;

Author: Martina Bellini