Loyens & Loeff advised Cycle Link International, a subsidiary of Shanghai based Shanying International Holdings Co. Ltd., which is one of China’s largest paper producers and packaging board manufacturers, on the acquisition of the Dutch company Waste Paper Trade (WPT) from its shareholders Karl Tönsmeier Entsorgungswirtschaft (Germany) and Lumaro Beheer (the Netherlands) which each held a 50% stake in WPT. Shanying is thereby strengthening its foothold in the European paper for recycling market.
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