Impress has completed a US$40 mn strategic investment in Beijing Xinmei, holding company of Chinese metal packaging group ORG. This deal strengthens the partnership between Impress and ORG, which had already concluded a strategic and commercial alliance in 2007.
The deal, which also resulted in the restructuring of the entire ORG Group, was structured as a financial and industrial co-investment, involving both investment funds based throughout Greater China and international industry players. Impress acted as lead strategic industrial subscriber within the group of investors.
Law firm Gide Loyrette Nouel (GLN) advised Impress on the completion of the deal.