Travers Smith LLP has advised HSBC Bank plc on Epiris' acquisition from De La Rue plc its paper business, including the paper mills at Overton and Bathford.

The business, now named Portals De La Rue Limited, is one of the world's leading manufacturers of paper used in the production of banknotes and security documents (such as passports, vehicle registration documents and birth and marriage certificates).

Head of Finance Matt Ayre led the Travers Smith team, assisted by Associates Will Sheridan and Andrew Surgey.

Epiris was advised by CMS Cameron McKenna Nabarro Olswang LLP.