BNP Paribas has advised Flex-N-Gate, a US plastics supplier, on its buyout of Dynamit Nobel Kunststoff, the plastics division of MG Technologies, a German engineering group. It marks the seventh deal for the team since Philip Meyer-Horn joined last year to grow German M&A.

Meyer-Horn, a former Lazard banker, said Jean-Paul Ange from the French bank's New York office, first set up the relationship with Flex-N-Gate.