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E. Hofmann Plastics acquired Czech packaging maker PAP Packaging from Italy's Manfreplast in Liquidazione in an auction linked to the seller's liquidation. The deal prevented insolvency and kept production running.
“Eversheds Sutherland has advised E. Hofmann Plastics on its acquisition of PAP Packaging from Manfreplast in Liquidazione.”ceelegalmatters.com
Summarized from public sources; check the original articles before acting on it.