Law firm Schoenherr secures Romanian contract for egg packaging agreement
Article Rewrite:
Published on April 29, 2025
Schoenherr Advised on Hartmann Packaging's Acquisition of Dentaş Kağıt Sanayi AŞ's Romanian Subsidiary
In an exciting development for the sustainable packaging market in Romania, international law firm Schoenherr recently advised Dentaş Kağıt Sanayi AŞ on the sale of its Romanian subsidiary, SC Dentaş Romania SRL, to moulded-fibre egg packaging manufacturer Hartmann Packaging.
This strategic transaction was led by Schoenherr partners Mădălina Neagu, Alina Cristea, Mihaela Popsecu, and Ștefan Popa, with Laura Buzatu-Teodorescu and Cristiana Manea providing expertise on real estate and competition, EU, and foreign trade matters, respectively.
Neagu expressed her excitement about the deal, stating, "This significant deal is a testament to the growing attention the local manufacturing and industries market is receiving from strategic investors. The volume of deals in environment-friendly sectors is increasing, and we are proud to be a part of this transformative transaction in the Romanian sustainable packaging sector."
Established more than two decades ago, Dentaş Kağıt Sanayi is a Turkish moulded fiber products manufacturer and egg packaging provider that brings its expertise to Romania, Bulgaria, and Turkey.
In a joint statement, Hartmann Packaging and Dentaş Kağıt Sanayi highlighted the acquisition's potential for generating further value by transferring Dentaş Kağıt Sanayi's Romanian operations to a global leader in the industry. Oğuz Abalıoğlu, Dentaş Kağıt Sanayi's board member, expressed optimism about continued growth under focused and seasoned leadership.
As for Hartmann Packaging, CEO Torben Rosenkrantz-Theil viewed the acquisition as a strategic step in expanding the company's European footprint and strengthening its position as a leading provider of sustainable packaging solutions.
The transaction's completion is subject to regulatory approvals, whereas Vienna-headquartered MP Corporate Finance served as Dentaş Kağıt Sanayi's exclusive financial advisor throughout the settlement process.
Interestingly, Dentons, another prominent law firm, has been identified as the lead legal advisor for Hartmann Packaging in the aforementioned transaction. This strategic acquisition underscores the evolving competition landscape in sustainable packaging, with legal advisories playing a crucial role in facilitating cross-border consolidation as industries shift towards eco-friendly products and waste-free solutions that cater to growing consumer demands for Ethical, Social, and Governance (ESG) concerns.
- The acquisition of SC Dentaş Romania SRL by Hartmann Packaging, advised by Schoenherr, will enable Hartmann Packaging to strengthen its position as a leader in the sustainable packaging industry, expanding its European footprint.
- This strategic transaction in Romania's sustainable packaging sector is a testament to the growing interest of strategic investors in the local manufacturing and industries market, as the volume of deals in environment-friendly sectors is increasing.
- Oğuz Abalıoğlu, Dentaş Kağıt Sanayi's board member, is optimistic about continued growth under focused and seasoned leadership, following the sale of Dentaş Kağıt Sanayi's Romanian operations to Hartmann Packaging.
- Schoenherr, as Dentaş Kağıt Sanayi's legal advisor, played a crucial role in facilitating cross-border consolidation in the sustainable packaging industry, as industries shift towards eco-friendly products and waste-free solutions that cater to growing consumer demands for Ethical, Social, and Governance (ESG) concerns.
- Dentons has been identified as the lead legal advisor for Hartmann Packaging in this strategic acquisition, underscoring the evolving competition landscape in the sustainable packaging industry, where finance, business, and real-estate investments play a significant role in driving growth and innovation.
