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27 de dezembro de 20222 minute read

DLA Piper advises Karlville Swiss in its sale to In.Pack

A cross-border DLA Piper team spanning the US, France and Italy represented Karlville Development LLC in its sale of Karlville Swiss SAGL (Karlville Swiss), a manufacturer of machines for pouch-making and spout-inserting and distributor of flexible packaging machines, to In.Pack Machinery (“In.Pack”), a portfolio company of Ambienta SGR SpA private equity.

Founded in 2018 in partnership with Karlville US, Karlville Swiss is a manufacturer of machines for pre-made pouches, one of the fastest-growing product categories in flexible packaging. The company is known in the industry for its reduced waste, ease of use and fit with digital printing, and its global reach encompasses North America, Europe, Latin America and Asia.

Following the acquisition, the Karlville Swiss management team will continue to lead the business, while former owner Karlville US will support In.Pack as a commercial partner in strengthening its reach in the US.

“We’re very excited to have worked with Karlville on this critical transaction,” said Andy Weil, a partner in DLA Piper’s Corporate group who led the cross-border team. “The sale will allow Karlville to expand its operations and increase its capabilities across key markets around the world, providing more customers with its industry-leading products.”

In addition to Weil (Chicago), the team was led by associate Kyle Stearns (Chicago) and included partner Drew Young (New York) and associates Carnell Cherry (Washington, DC), Paul Mosser and Seth Raebel (both in Chicago) and Kurtis Weaver (New York). In France, the team was comprised of counsel Gwenael Kropfinger and senior associate Sara Gwiazda. In Italy, the team included partner Alessandro Ferrari and lawyer Filippo Grondona.

With more than 1,000 corporate lawyers globally, DLA Piper helps clients execute complex cross-border transactions seamlessly while supporting clients across all stages of development. The firm has been rated number one in global M&A volume for 12 consecutive years, according to Mergermarket.