Latham & Watkins Advises Onex and SIG Combibloc Group (SIG) on €1.3 billion IPO of SIG

Deal is the largest IPO in Switzerland and second-largest in Europe to date in 2018.

October 16, 2018

Latham & Watkins advised Onex portfolio company SIG Combibloc Group AG, a leading provider of aseptic carton packaging solutions for the food and beverage industry, in its listing on the SIX Swiss Exchange and refinancing of its existing debt facilities. The IPO, valued at approximately €1.3 billion, is the largest IPO in Switzerland and the second-largest in Europe to date in 2018, according to Thomson Reuters. Latham leveraged multiple offices and an interdisciplinary team to advise on the transaction.

Partners Rachel Sheridan and Shagufa Hossain led the Latham IPO deal team, with associates Jessica Lennon, Abigail Raish, and Alison Morris in Washington D.C. Partner Jay Sadanandan led the Latham refinancing team, with associates Joseph Kimberling and Tamryn Jensen in London. Advice was also provided on capital markets matters by partner David Boles, and associates Rachel McCaslin and Taylor Mullings in London; on German law matters by Frankfurt partners Marcus Funke and Leif Schrader, with associates Georg Piroth and Alexander Vorndran; on tax matters by New York partners David Raab and Matthew Dewitz and London partner Sean Finn, with associates Lauren Bewley and James Leslie; on regulatory matters by Washington D.C. partner Les Carnegie and London counsel Daniel Smith, with associates Yasmina Borhani and Andrew Galdes; on hedging and derivatives matters by London partner Shatha Ali, with associate Polly Ehrman; and on UK and EU law matters by Frankfurt associate David Rath and London associate Anna Ngo.

Notice: We appreciate your interest in Latham & Watkins. If your inquiry relates to a legal matter and you are not already a current client of the firm, please do not transmit any confidential information to us. Before taking on a representation, we must determine whether we are in a position to assist you and agree on the terms and conditions of engagement with you. Until we have completed such steps, we will not be deemed to have a lawyer-client relationship with you, and will have no duty to keep confidential the information we receive from you. Thank you for your understanding.