Jamieson is pleased to announce that it has advised Serkan Koray and the management team of Cartonplast on the acquisition of the business by Deutsche Beteiligungs AG from the London-based financial investor Stirling Square Capital Partners.

Founded in 1985 and headquartered in Dietzenbach, Cartonplast is the leading provider of reusable plastic layer pads on a rental base which are used for the transportation of glass-, cans and PET-containers to provide hygienically safe, efficient and cost-effective transport, in the food and beverage, pharmaceutical and cosmetic industries. Cartonplast operates 16 service- and logistics centers in Europe, Russia, Turkey and South Africa and subsidiaries in Latin America, Australia and the US.

Stuart Coventry, Felix Rose, Karin Himmelreich and Daniel Meschaninov advised the Cartonplast management team on the terms of the management investment and incentive arrangements to be implemented under Deutsche Beteiligungs AG’s ownership.