Deal summary:

Target: Plasticum Group

Industry: Packaging

Investor: Lindsay Goldberg Vogel

Task: Commercial Due Diligence

Out of the box - maconda analyzes the packaging industry

maconda news October 2012

We can once again look back on some eventful months. Highlights from our "Commercial Transaction Services" division included the takeover of frostkrone, a manufacturer of frozen snacks, by AXA Private Equity and Avedon Capital Partners' investment in the medium-sized service provider for claims management Tesch Inkasso. There were also some not (yet) published deals as well as some exit readiness projects.

maconda supports Lindsay Goldberg Vogel with a commercial due diligence for an acquisition in the packaging industry

The international maconda team supported the US American private equity house Lindsay Goldberg, which is represented in Central Europe by Lindsay Goldberg Vogel GmbH, with Due Diligence assessments including potential synergy fields multiple times in 2012.

About a week ago, the investor acquired the Plasticum Group B.V., Netherlands. The group generated sales of roughly € 61 million in 2011 and manufactures custom dispensers and caps for body care and cosmetic products, food and household products at four production sites in the Netherlands, Germany and the UK.

Back in March 2012, Lindsay Goldberg took over the leading manufacturer of plastic caps for consumer goods, Weener Plastik AG. Headquartered in Lower Saxony, the company generated sales of approximately € 140 million in 2011 and has more than 1,200 employees. Weener primarily designs, constructs and manufactures innovative plastic caps and closures for the body care/cosmetics, household, food, chemicals and pharmaceuticals segments. The product portfolio includes caps, valves, plastic bottles and jars as well as dispensers and dosing systems. The Weener Group has manufacturing sites in 21 countries and is represented in Europe and North America as well as in the dynamically growing markets of South and Central America, Africa and Asia, which was covered in our international Due Diligence approach.

Paul Pruss from Lindsay Goldberg Vogel: "maconda's expertise in Commercial Due Diligences and strategic analyses for the primary packaging industry, which is founded on their comprehensive understanding of user-side requirements for packaging products in globally important regions, was key in our decision to enter a cooperation." An important focus of maconda's preparatory work for the Plasticum takeover was the assessment of market-side synergies with Weener Plastik along with a comparison of customers and product lines, regions and the mutual transfer of know-how.

It goes without saying that we would also be happy to assist you as a competent and reliable partner for your commercial due diligence needs (also for vendors), market and competition analyses as well as for your value enhancement, segment development and foreign expansion projects or in strategic and operative restructurings – in the consumer goods sector, the packaging business as well as in other industries. Please do not hesitate to get in touch should you require our expertise. We look forward to hearing from you!

About maconda

We support our clients in increasing sales, profit and company value as well as commercial transaction services. These include comprehensive target screenings, systematic preparations for company sales (exit readiness), commercial due diligence assessments (also for sellers) and post-merger integrations. Our main industries of expertise: consumer goods, foods, retail, services (health, leisure, media, etc.), outsourcing (customer service, temporary work, facility management, etc.), textiles and technical industrial goods. We also cover downstream industries such as packaging and plant engineering insofar as they relate to our core industries. Our multinational team of consultants is optimally positioned, completely covering the key regions of Western Europe, the CCE countries and BRIC countries – in most cases with native speakers.

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