# Crédit Mutuel Equity takes 25% stake in Verpack in LBO-backed transition

Crédit Mutuel Equity became a minority reference shareholder with 25% of Paris-founded packaging maker Verpack in a leveraged buyout advised by Pax Corporate Finance, with Stéphane Viers becoming Chairman.

- Type: Acquisition
- Announced: 2020-05-01
- Where: France
- Status: completed
- Products: folding boxes, rigid boxes, premium cardboard packaging
- Sectors: [Packaging](https://endata.com/sectors/packaging.md)

## Companies

- [Verpack](https://endata.com/companies/6476.md) (target)
- [Crédit Mutuel Equity](https://endata.com/companies/6477.md) (investor)
- [Pax Corporate Finance](https://endata.com/companies/6478.md) (partner)

## Sources

- [creditmutuel-equity.eu](https://www.creditmutuel-equity.eu/en/news/press-releases/verpack.html), 2020-05-12: "Crédit Mutuel Equity becomes a minority reference shareholder with 25% of capital, alongside key company managers."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.