February 03, 2014
Healthcare Devices, headquartered in France, is a leading European manufacturer of plastic drug administration systems for the pharmaceutical industry. Healthcare Devices operates four state of the art manufacturing plants in the US and Europe and generates annual sales of approximately $265 million. Prescription Retail, based in Ohio, provides plastic vials and closures used by pharmacies in the US. It manufactures more than 1.5 billion vials annually and owns market leading brands.
Montagu was advised by a multijurisdictional Weil, Gotshal & Manges team for the transaction and its financing. The team was led by Paris corporate partner David Aknin with corporate partner Samantha McGonigle and senior associate James Harvey, IP partner Barry Fishley and associate Muzaffar Shah and tax associate Ian Ferreira in London, banking partner James Clarke and corporate partner Jean Beauchataud and associate Julien Malraison in Paris and banking partner Courtney Marcus and associate Aaron Turner in Dallas.
Rexam PLC was advised by Allen & Overy with a team led by Alun Eynon-Evans.
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