Partner Article

Weightmans advises Sonoco on European acquisition

The Manchester office of national law firm Weightmans LLP has advised New York Stock Exchange listed multi-national Sonoco on the acquisition of Laminar Medica in the UK and Czech Republic from Clinimed Holdings, a medical products company based in the UK.

Laminar Medica specialises in the design, test, manufacture and qualification of temperature-controlled packaging solutions, used by the pharmaceutical and biotech industries globally. The business provides solutions for products that need refrigerated, ambient and frozen temperature control for shipment ranging from 24-hours to 120-hours in duration.

Sonoco is a global provider of a variety of consumer packaging, industrial products, protective packaging, and displays and packaging supply chain services. With annual net sales of nearly $5 billion, the Company has 20,800 employees working in more than 300 operations in 34 countries, serving some of the world’s best known brands in some 85 nations.

Weightmans Corporate Partner Paul Raftery and his team provided legal advice to Sonoco and coordinated the support of lawyers in the US, the Czech Republic and Finland in bringing the deal to a successful completion.

Paul said:

“The deal was cross border involving Sonoco group companies in England and in Finland acquiring Laminar companies in England and in the Czech Republic which involved us coordinating support from lawyers in other jurisdiction including members of our international legal network Legalink.

“We are delighted to have assisted Sonoco with the acquisition of Laminar Medica. It is an important deal for both parties and it was a pleasure to work with Sonoco and other advisors to make this happen.”

This was posted in Bdaily's Members' News section by Weightmans LLP .