you are being redirected

You will be redirected to the website of our parent company, Schönherr Rechtsanwälte GmbH: www.schoenherr.eu

01 December 2023
press release
bulgaria

Bulgaria: Schoenherr advises Borealis AG on contemplated acquisition of Integra Plastics

Schoenherr advises Borealis AG, a leader in advanced and circular polyolefin solutions, on the contemplated acquisition of Integra Plastics, a Bulgarian polyethylene and polypropylene recycler.

Schoenherr provided legal assistance in standard M&A deal components, including due diligence, guidance on the structuring of the proposed transaction, and the drafting and negotiating of the transaction documents. Further legal services included general guidance with respect to any governance or regulatory considerations within the scope of the transaction.

Headquartered in Vienna, Borealis AG is one of the world's leading providers of advanced and circular polyolefin solutions and a European market leader in base chemicals, fertilisers and the mechanical recycling of plastics. The company employs around 6,000 people and operates in over 120 countries. In 2022, Borealis generated a net profit of EUR 2.1bln.

Integra Plastics JSC is one of the most advanced plastics recycling companies in Europe, producing high-quality PCR resins. It specialises in the production of top-quality low-density polyethylene, high density polyethylene and polypropylene granules, with colour variation and an annual capacity of 30,000 metric tonnes.

The Schoenherr team advising on the transaction was led by Alexandra Doytchinova (partner) and Katerina Kaloyanova-Toshkova (attorney at law).

Alexandra
Doytchinova

Office Managing Partner

bulgaria

further team members
press contact

Linda
Bräuer

Corporate Communications Manager

austria vienna