Clifford Chance

Clifford Chance advises Five V Capital on investment in sustainable packaging company BioPak

Leading international law firm Clifford Chance has advised Australian private equity fund manager Five V Capital on its investment and partnership with BioPak, the global leader in sustainable and compostable food-service packaging. Five V’s investment will support the business during its next phase of organic and acquisitive growth.

Lead partner Jacob Kahwaji in Sydney commented, “We are immensely proud to continue advising Five V Capital as it supports and grows some of Australia and New Zealand's leading businesses. This transaction highlights continued investor interest in purpose driven businesses and will help accelerate the shift towards a less wasteful economy."

Jacob was supported by counsel Nicole Backhouse, senior associate Aditya Ralhan, and associates Artem Paoutov and Henry Baek. The financing aspects of the transaction were led by partner Elizabeth Hundt Russell and senior associate Alexander Sorgese.

Founded in 2006, BioPak is a certified B Corp producing and distributing environmentally sustainable food-service packaging across Australia, New Zealand, Singapore and the United Kingdom. All BioPak products are carbon neutral and compostable, and are made from rapidly renewable plant-based raw materials in manufacturing facilities certified to local and international environmental standards.

Clifford Chance has previously advised longstanding client Five V Capital on its most significant transactions, including its acquisition of Sea to Summit, sale of Zenith Group, sale of majority stake in Education Perfect, and acquisition of APP Corporation.