Global menu

Our global pages

Close

We advised Sauplast Oy as it acquired the shares of SeaPack Oy

  • Finland

    13-07-2020

    We acted as legal advisor for Sauplast Oy in a transaction in which it acquired all the shares of SeaPack Oy.

    The agreement concerning the transaction was made in 2017 when Sauplast acquired a part of SeaPack’s shares. The rest of the shares were acquired in July 2020, after which the sale was made public. As part of the arrangement, Sauplast also acquired SeaPack's factory real estate. We advised Sauplast in this transaction as well.

    Sauplast Oy is a Finnish family enterprise offering advanced packaging solutions, plastic bags, sacks and hoods as well as plastic films. The products are suitable for very different kinds of uses, and the company makes printed and biodegradable versions of almost all products to order. After the transaction, Sauplast has factories in Siikainen, Kokemäki and Merikarvia. The company’s turnover increases to over EUR 10 million with the transaction.

    The company has also made local headlines as one of the success stories emerging from the coronavirus crisis, as it recommenced the production of plastic aprons used in healthcare. Read more in an article in Satakunnan kansa (in Finnish).

    This information is for guidance purposes only and should not be regarded as a substitute for taking legal advice. Please refer to the full terms and conditions on our website.

    < Go back

    Print Friendly and PDF

    © Eversheds Sutherland 2022. All rights reserved. Eversheds Sutherland is a global provider of legal and other services operating through various separate and distinct legal entities.

    Eversheds Sutherland is the name and brand under which the members of Eversheds Sutherland Limited (Eversheds Sutherland (International) LLP and Eversheds Sutherland (US) LLP) and their respective controlled, managed and affiliated firms and the members of Eversheds Sutherland (Europe) Limited (each an "Eversheds Sutherland Entity" and together the "Eversheds Sutherland Entities") provide legal or other services to clients around the world. Eversheds Sutherland Entities are constituted and regulated in accordance with relevant local regulatory and legal requirements and operate in accordance with their locally registered names. The use of the name Eversheds Sutherland, is for description purposes only and does not imply that the Eversheds Sutherland Entities are in a partnership or are part of a global LLP. The responsibility for the provision of services to the client is defined in the terms of engagement between the instructed firm and the client.