# Orlando-Equity Holding to acquire control of Greek packaging maker Paperpack

Paperpack's main shareholder and his family agreed to sell their shares, with fifteen other shareholders, to Orlando-Equity Holding Limited at EUR 6.66 per share. The buyer will reach 90.02% and then make a mandatory tender offer, with completion expected by end of December 2020.

- Type: Acquisition
- Announced: 2020-12-23
- Where: Kifisia, Greece
- Status: announced
- Products: paper packaging
- Sectors: [Packaging](https://endata.com/sectors/packaging.md)

## Companies

- [Paperpack](https://endata.com/companies/7405.md) (target)
- [Orlando-Equity Holding](https://endata.com/companies/7406.md) (acquirer)

## Sources

- [paperpack.gr](https://www.paperpack.gr/en/news/item/254-symfonia-exagoras-paperpack.html), 2020-12-23: "have agreed to sell their shareholding in the Company, to Orlando-Equity Holding Limited (the 'Investor'), for €6.66 per share"

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