Paul Hastings Advises Hansol Paper on European Acquisition
Seoul/Frankfurt (October 2, 2013) - Paul Hastings, a leading global law firm, announced today that it represented Hansol Paper Co., Ltd. (“Hansol Paper”), a Korean paper manufacturer, in its acquisition of Schades Group (“Schades”) from Capidea Kapital, a Danish private equity fund. Schades is a leading European supplier of thermal paper rolls and self-adhesive labels for specialty applications, which has production and sales subsidiaries in Denmark, Germany, the U.K., France, Finland, Sweden and Belgium.
The parties signed the share purchase agreement on September 12, 2013 and the transaction closed on September 30, 2013. Following the acquisition, Hansol Denmark ApS, the investment unit of Hansol Paper, would own a 97.5% stake in Schades.
This transaction involved multi-jurisdictional support from lawyers in Paul Hastings’ Seoul, Frankfurt, London and Paris offices. The Korea team was led by partners
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