Schoenherr and Kolcuoglu Demirkan Kocakli Advises on Mondi Group Acquisition of Turkish Kalenobel

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Schoenherr has advised the Mondi Group (consisting of Mondi Limited and Mondi plc) on the acquisition of 90% of the outstanding share capital in Turkish Kalenobel for a consideration of around EUR 90 million on a debt-and-cash-free basis from ARGUS capital, a CEE focused private equity group, and M. Olcay Hephiz, one of the company's founders. Kolcuoglu Demirkan Kocakli advised the sellers on the deal, which closed on July 12, 2016 following competition clearance and other customary closing conditions.

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Schoenherr and Kolcuoglu Demirkan Kocakli Advises on Mondi Group Acquisition of Turkish Kalenobel

posted in: ROOT | 0

Schoenherr has advised the Mondi Group (consisting of Mondi Limited and Mondi plc) on the acquisition of 90% of the outstanding share capital in Turkish Kalenobel for a consideration of around EUR 90 million on a debt-and-cash-free basis from ARGUS capital, a CEE focused private equity group, and M. Olcay Hephiz, one of the company's founders. Kolcuoglu Demirkan Kocakli advised the sellers on the deal, which closed on July 12, 2016 following competition clearance and other customary closing conditions.

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