Fedrigoni’s Acquisition of UNIFOL
Paksoy acted as Turkish counsel to the Fedrigoni Group on its acquisition of UNIFOL. Moroglu Arseven advised the seller.
Founded in Istanbul in 1994, UNIFOL is a global market leader in the manufacturer of PVC self-adhesives and the only such manufacturer in Turkey. The 80-person company specialises in PVC cast technology for vehicle wrappings, which is used to protect a vehicle’s body, change its colour or apply graphics.
Verona-based Fedrigoni is a leading player in the production of high value-added specialty papers for luxury packaging and other creative applications and a leader in the premium labels and self-adhesive materials markets. With its acquisition of UNIFOL, the company will make its entry to the automotive PVC wrap films market.
Paksoy advised Fedrigoni with a team led by partner Togan Turan with support from senior associate Hazal Korkmaz and associate Mert Karakaslar.