GREENFLAG advised Veolia on the acquisition of the remaining shares in ASD Altpapier Sortierung Dachau GmbH from the Finnish paper manufacturer UPM.
The acquisition was carried out by the group company ROWE, which only recently became part of the Veolia Group when Veolia took over Hofmann Group earlier this year.
ROWE and UPM each previously held half of the shares in ASD. The company, which was founded in 2012, specialises in sorting and processing waste paper.
The parties have agreed not to disclose the purchase price.
ADVISOR
GREENFLAG
Dr. Frank Evers, Partner, M&A/Corporate, Hamburg
Anna-Yasmin Theißen, Associated Partner, M&A/Corporate, Hamburg
CONTACT
Paul Caesar Rode
E-Mail flag.press@greenflag.law
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