White & Case advises Altor and its portfolio company Trioworld on acquisition of Malpack
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Global law firm White & Case LLP has advised Altor and its portfolio company Trioworld on the acquisition of Canadian and US-based Malpack, a North American company that specialises in high-performance stretch film for the transit packaging sector.
Founded in 1965, Trioworld is a leading developer and producer of high-performance and sustainable plastic film products. It has more than 1,550 employees and an annual turnover of €850 million. The company is based in Sweden with production facilities in Sweden, Denmark, the Netherlands, United Kingdom and France.
Altor is a family of private equity funds focused on investing in and developing medium sized companies predominantly in the Nordics and in the DACH region. Since inception, Altor has raised approximately €8.3 billion in total commitments and invested in excess of €5 billion in more than 85 companies.
Malpack manufactures high-performance stretch film for transit packaging, supplying customers in the areas of distribution, beverage, food, consumer goods, e-commerce and other industrial packaging.
The transaction is subject to customary regulatory approvals.
The White & Case team which advised on the transaction was led by partner Johan Steen (Stockholm) and included partners Magnus Wennerhorn (Stockholm), Jeff Gilson (Chicago), Orion Berg (Paris) and Erin Hanson (New York), counsel Samantha Rozell (Chicago) and associates Alexander Berlin-Jarhamn, Andreas Lexhag, Simon Strömbäck, Jennie Storm, Erik Holm (all Stockholm), Andrea Petersen (London), Gabriela Baca, Allain Andry, Otto Nunez-Montelongo (all Washington, DC), Keith Boeker (Chicago) and Nashel Jung (New York).
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