McGuireWoods Advises Essentra PLC in $65 Million Acquisition of 3C! Packaging

September 30, 2020

McGuireWoods advised longtime client Essentra PLC (LSE: ESNT), a global provider of specialty fiber and plastic products, in its $65 million acquisition of 3C! Packaging Inc., a leading designer and manufacturer of custom folding cartons, printed literature, foil and flexible packaging and labels for the pharmaceuticals and healthcare sectors.

The acquisition meets Essentra’s strategic and financial criteria and strengthens its position in pharmaceutical and healthcare packaging. 

New York partner Jeffrey L. Rothschild, a member of McGuireWoods’ Securities & Capital Markets Department, led the firm’s deal team, which included M&A associates Emilie McNally and Emily Blair; tax partner J. Michael Wilson; intellectual property partner Janet Peyton; labor and employment senior counsel Paul Navarro; environmental partner David Franchina and real estate associate Molleigh Thomas.

“We are immensely proud of our close relationship with Essentra and appreciative of the opportunity to assist the company in all aspects of this important acquisition,” said Rothschild.

The firm previously advised Essentra in the $48 million cross-border sale of its Pipe Protection Technologies business to National Oilwell Varco Inc. in January 2019; and in the $77 million sale of its Duraco Specialty Tapes business to OpenGate Capital in June 2019.

McGuireWoods consistently ranks among the top law firms in league tables for M&A and private equity deals. The firm ranked among the top five law firms for the number of U.S. mergers and acquisitions and in the top 10 law firms for the number of worldwide transactions it handled for clients in the first half of 2020 in league tables published by Bloomberg and Refinitiv.