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ALPLA group and Inden Pharma formed a joint venture.

Synopsis

ALPLA group, an Austrian, international acting plastics manufacturer and plastics recycler, and Inden Pharma, a manufacturer of plastic packaging materials for oral liquids and solids, ophthalmics, parenteral, and nasals, formed a joint venture. Financial terms were not disclosed. The ALPLA Group and Inden Pharma have strengthened their presence in the pharmaceutical market by founding a joint venture. ALPLA Pharma is contributing production sites in Greece and Poland to the cooperation and Inden Pharma two plants in Spain. Together they plan to set up a site in Germany and triple their production over the next five years. Such cross-border joint venture projects present numerous legal challenges, whose successful implementation requires seamless cooperation between internationally experienced teams from various practice groups and jurisdictions. The expert team for the current ALPLA deal included lawyers from CMS offices in Austria, Spain, Germany and Poland.

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