unyer advises the SGT Group on its acquisition of Axium Packaging
A team of unyer firms, led by Fidal, unyer’s member firm in France, has assisted the SGT Group in its acquisition of Axium Packaging, a manufacturer of plastic packaging previously owned by Cerea Partners, with a multi-jurisdictional and multi-disciplinary team of lawyers led by Rozenn Berthelot (Tax Partner) and Isabelle Cornu (Corporate/M&A Partner). The team included three members of the international unyer organization (Fidal in France, Luther Rechtsanwaltsgesellschaft mbH in Germany and Pirola Pennuto Zei & Associati in Italy) as well as PRK Partners s.r.o., advokátní kancelář in the Czech Republic, coordinated by Gacia Kazandjian (Corporate/M&A Partner). The team members worked together to provide legal and tax advice (transactional, financing, legal and tax advice as well as legal, tax and labour due diligence) in the various jurisdictions involved in the acquisition transaction, namely France, Germany, Italy and the Czech Republic. The transaction was made possible thanks to the unique support of the team of unyer firms, who provided the necessary legal and tax advice across multiple jurisdictions involved in the transaction, leveraging their extensive knowledge of local laws and regulations and their ability to collaborate effectively across borders.
This acquisition gives SGT Group access to new skills while diversifying its product portfolio. It consolidates the company’s presence in the European market, providing new opportunities in sectors such as cosmetics, hygiene and beauty. The SGT Group is a French manufacturer specializing in the design and manufacture of PET preforms for food and non-food applications, as well as HDPE caps. A family business founded in Nantes in 1981, SGT is recognized for its innovation capabilities, supported by an R&D laboratory and one of the most modern plants in France, located at its headquarters in Rezé (44).
Axium Packaging is a manufacturer of plastic packaging (specializing in virgin and recycled PET bottles, jars and caps) for the food, cosmetics and pharmaceuticals sectors. In over 55 years, Axium Packaging has become a major player in the design and manufacture of PET & R-PET plastic packaging for the food industry as well as for consumer health, hygiene and beauty products. Axium Packaging’s products include bottles, caps and boxes. With 385 employees, Axium Packaging operates 6 production sites, including 3 in France, 1 in Germany, 1 in Italy and 1 in the Czech Republic, and achieving over €76 millions in revenue in 2024
Frédéric Mignot, Chairman and CEO of the SGT GROUP: “This acquisition is perfectly in line with our growth strategy. By joining forces with Axium Packaging, we are enhancing our ability to offer innovative and sustainable packaging solutions that meet the current and future needs of our clients.”
Yves Cury, President of AXIUM PACAKGING : “Joining SGT Group is an exceptional opportunity for Axium Packaging. We share common values and a strong drive to innovate in response to growing demands for sustainability and quality.”
Isabelle Cornu and Rozenn Berthelot, Partners at Fidal: “We are delighted to have assisted the SGT Group and its shareholders in this transaction, which will enable it to strengthen its position as an independent player in the market for the design and manufacture of PET & R-PET plastic packaging for the food industry and consumer health, hygiene and beauty products. This transaction will enable the SGT Group to pursue its development and diversification plan, based in particular on new value-added and sustainable products.”