Luzone Legal provided legal advice to Elplast Europe on the acquisition of the Brazilian company Ziptek, located in Itatiba, in the State of São Paulo. Elplast Europe, based in Zory, Poland, is one of the world’s largest suppliers of plastic open and close zippers with production in Europe and the USA.
The transaction, whose real value was not disclosed, involves the acquisition of shareholding control as part of Elplast Europe’s international growth project, significantly increasing its industrial and development capacity.
In recent years, Elplast Europe has developed packaging in the most varied segments with the aim of seeking the best closing solution for flexible and semi-rigid packaging.
Today, Elplast Europe has more than forty years of experience in plastic processing and supplies its products to more than a thousand customers in more than sixty countries on six continents.
During the transaction, the Luzone Legal team was led by its director Leandro Luzone (pictured) and also had the participation of the associate David Fidelis and of the partner Rodolfo Costa.