Pactiv Evergreen sells businesses to SIG Combibloc Group for USD 335m 

Pestalozzi advises Pactiv Evergreen Inc., a Nasdaq listed company and specialists in the packaging and filling industry, in the sale by one of its carton packaging and filling machinery subsidiaries in China, Korea and Taiwan to a subsidiary of SIX listed SIG Combibloc Group, for an enterprise value of approximately USD 335 million.  

The transaction is subject to regulatory approvals and satisfaction of other customary closing conditions and is expected to close in the second or third quarter of 2022. 

Pestalozzi advises Evergreen Packaging Inc. with respect to all aspects of Swiss law of this Swiss law governed transaction. The Pestalozzi team included partner Severin Roelli (corporate/m&a, pictured), partner Nils Harbeke (tax), associate Catherine Hörr (corporate/m&a), associate Severin Etzensperger (competition & trade), junior associate Lukas Breu (corporate/m&a).