KPS Capital Partners (“KPS”), a leading global private equity firm managing the KPS Special Situations Funds with over USD 12.3 billion of assets under management, has acquired on 31 August 2021 from Crown Holdings (“Crown”), 80% of EMEA food, aerosol and promotional packaging business for EUR 2.5 billion. Crown is a leading global supplier of rigid packaging products to consumer marketing companies. The European Tinplate business comprises 44 manufacturing facilities in 17 countries in the Europe, the Middle East and Africa region.
Paksoy is pleased to announce that a team led by Elvan Aziz (partner) together with Simge Şengün (associate) acted as Turkish counsel to KPS on this transaction, alongside Paul, Weiss, Rifkind, Wharton & Garrison LLP acting as global counsel.
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