We advised Antalis during the acquisition of Pakella, which specialises in the manufacturing and distribution of industrial and food packaging to various business customers. Pakella is a leading packaging distributor in Latvia, Lithuania and Estonia, with a EUR 15 million turnover in 2023 and 60 employees  at its three distribution sites.

Antalis is a member of KPP Group Holdings Co., Ltd., a worldwide leader in paper, packaging and visual communication distribution, headquartered in Japan and listed on the Tokyo Stock Exchange (ISIN JP3293350009). With activities in Europe, Latin America and North America, Antalis is a leading B2B distributor of products and services, with groundbreaking e-commerce solutions in paper, industrial packaging and visual communication media.

Our involvement and team

Our assistance included legal due diligence on the target companies, as well as drafting transaction documents, assisting with negotiations, providing legal advice, and helping to obtain merger clearance and with completion of the transaction.

Our team included partner Nauris Grigals; senior associates Natālija Ešenberga, Marika Grunte and Matas Mačiulaitis; and associates Kate Berlaua, Alise Igale and Kristi Tammiku.