Founded in Paris in 1920, Gide is a leading international law firm with 12 offices spread throughout the world.
Gide is physically present in six regions of the world, with 11 offices, enabling it to act on cases globally.
Sonoco, a U.S. public company providing innovative consumer packaging, industrial products and protective packaging, has acquired 100% of the shares of Can Packaging. The purchase of the shares and intellectual property rights was made for a total consideration of €41.7 million.
Can Packaging is specialized in the design of machinery and the manufacture of sustainable packaging solutions, and provides sustainable paperboard packaging to a number of large consumer food brands distributed across Europe. The company is projected to produce sales of approximately €23 million in 2020.
Sonoco was advised by a multi-disciplinary team from Gide, comprising partner Thomas Urlacher, working with associates Armelle Royer and Maroussia Jonglez on corporate / M&A aspects; partner Jean-Hyacinthe de Mitry and associate Célia Révy on intellectual property aspects; and partner Foulques de Rostolan on employment law aspects.
