MM Group sold its packaging subsidiary MM Bangor to Cordovan Capital, with MP Corporate Finance as exclusive financial advisor to the seller. MM Bangor had been acquired by MM Group in October 2022 as part of Essentra Packaging.
Trioworld Group signed an agreement on December 30, 2023 to acquire Wentus GmbH from Clondalkin Group, which was owned through Egeria. MP Corporate Finance advised the seller on the sale.
Emballator Group agreed to acquire Europak Oy, an Espoo-based maker of blow-moulded plastic canisters with about EUR 8 million turnover; closing is expected on 1 September 2023 and the price was not disclosed.
TriMas Corporation bought 100% of Aarts Packaging, a Dutch maker of injection-moulded plastic packaging for beauty, luxury and food markets, from its shareholders. The article is dated 31 January 2023 and gives no deal value.
Tubex Group sold its extruded plastic tubes business of German subsidiary Tubex Wasungen to PE-backed Multitubes Group through an asset deal. The deal was advised by MP Corporate Finance.
Südpack has acquired LPF Flexible Packaging, a Grootegast, Netherlands flexible packaging maker, from Clondalkin Group. MP Corporate Finance acted as exclusive M&A advisor to the seller.
Albea acquired Innovative Beauty Group, a full-service beauty packaging and turnkey solutions provider with a presence in China and Europe. MP Corporate Finance was exclusive M&A advisor to the shareholders and founders.
Munich-based industrial holding Armira acquired PolyCine GmbH, a supplier of non-PVC PP films and tubes for pharmaceutical IV and blood bags with headquarters in Schiffweiler, Germany. MP Corporate Finance advised the founders on the succession sale.