P+P advises the management of Alltub Group on the sale to One Equity Partners
Private equity firm One Equity Partners LLC ("OEP") has acquired Alltub Group ("Alltub"). P+P advised Alltub's management within the scope of the transaction.
Alltub is a manufacturer of aluminum tubes, aerosol cans and aluminum cartridges, laminate tubes for the cosmetic, pharmaceutical and food industries, as well as for industrial use. Alltub is a spin-off of the aluminum manufacturer Alcan and is headquartered in Amsterdam; the company currently operates a worldwide production and marketing platform with facilities in the Czech Republic, France, Germany, Italy and Mexico. The company employs over 1,400 people and generated turnover in the amount of EUR 150 m in 2017.
OEP is a private equity firm in the second largest U.S. banking group JPMorgan Chase & Co. Since it was founded in 2001, OEP has specialized in the industrial, health and technology sectors in North America and Europe and has already invested in more than 150 companies. OEP will continue to pursue the successful growth strategy with the established Alltub management.
P+P Pöllath + Partners advised Alltub's management with the following Munich-based team: