maconda supports HANNOVER Finanz in the acquisition of the leading manufacturer of high-quality printed table decorations
maconda News January 2011
The Cologne-based consulting firm maconda GmbH, one of the leading providers of Commercial Due Diligence in the German-speaking region, provided comprehensive support to HANNOVER Finanz in the majority acquisition of Paper + Design, based in the Ore Mountains south of Chemnitz.
Paper + Design is one of the world’s leading companies for high-quality printed decorative items for the set table. The company’s products include paper napkins, table runners, candles and other accessories. Its own collections are designed in collaboration with external designers and printed on special printing machines with high colour brilliance – featuring striking designs, high-resolution photographs and an elegant look.
The development of special colour printing processes and a steady stream of new product innovations distinguish the company, which exports to 80 countries worldwide, primarily to the USA and Canada. In addition to its own collections, Paper + Design also develops and produces customised collections. Its products are supplied to both small retailers such as specialist stationery and décor stores and to large drugstore chains and department store groups.
HANNOVER Finanz, one of Germany’s oldest and most active investment companies, commissioned maconda to conduct the Commercial Due Diligence. Within three weeks, the maconda team—comprising consumer goods and private label experts—analysed the relevant market and the specific demand situation of the tissue specialist provider, as well as its product portfolio, customer base and sales setup. The Cologne consultants’ extensive experience in niche markets supported the assessment of Paper + Design’s current and future position in the German market and its most important international markets. To this end, a large number of targeted interviews were conducted with industry experts in Germany and abroad.
HANNOVER Finanz has already worked with the Cologne-based consulting firm on several occasions. “We needed a reliable partner to advise us competently. That is why we decided once again to work with maconda this time,” said the responsible investment manager from Hanover.
maconda has extensive experience in niche markets and also in the sectors relevant here for private label and paper goods, and is well prepared for further complex projects in this field. This applies to strategy projects as well as to Commercial Transaction Services. Projects in recent months include, among others, chain retail, book retail, household products, franchising systems, mail order (B2B, B2C), printing companies, department stores and stationery shops.