Global law firm White & Case LLP has advised Munksjö AB and its principal owner, EQT, on the combination of Munksjö AB and Ahlstrom's European label and processing business to create Munksjö Corporation, a global leader in high quality specialty papers.
The new entity, which is headquartered in Stockholm, has combined pro forma net sales of EUR 1.2 billion and employs around 3,000 people across 15 production sites, was listed on NASDAQ OMX Helsinki on June 7, 2013.
White & Case also acted for Munksjö Corporation in relation to the financing of the combined entity.
Stockholm-based White & Case partner Rikard Stenberg said, "We worked with Munksjö AB and EQT to complete the creation of Munksjö Corporation successfully. Once again we demonstrated the Firm’s truly global ability – pooling, on this occasion, relevant knowledge and expertise from a number of different countries on behalf of our client."
The White & Case team was led by Rikard Stenberg, assisted by associates Petter Alberts and Johan Thiman (M&A/Corporate) as well as Helsinki partner Tanja Törnkvist (financing). The team also included, among others: Helsinki: Petri Avikainen; Milan: Alessandro Seganfreddo, Angelica Longanesi Cattani; Frankfurt: Stefan Koch; Paris: Vincent Morin, Clara Hainsdorf.
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