KBS - Packaging - Market Insight

PRIVATE EQUITY ACTIVITY

Leicester-based food packaging business Clifton was sold to Cartonpack, an Italian portfolio company of A&M Capital Europe, which is a private equity firm with over £540m of commitments under management. CLIFTON PACKAGING ACQUIRED BY CARTONPACK GROUP

Legacy, which specialises in oral solid dose packaging, was sold to Nutra-Med, a leading contract packaging provider to the pharmaceutical, OTC, medical device and dietary supplement industries, and a portfolio company of GenNx360 Capital Partners. LEGACY PHARMA SOLUTIONS ACQUIRED BY NUTRA-MED

Garyline, a vertically integrated manufacturer, custom printer and supplier of promotional and speciality packaging products, was able to relocate its facility with significant investment from an affiliate of mid-market private equity firm Mill Point. GARYLINE INVESTMENT RECEIVED FROM MILL POINT CAPITAL

3i sold its investment in Weener Plastics, a leading provider of innovative plastic packaging solutions, to Silgan Holdings for an estimated £283million, representing a 2.2x return on invested capital. 3I GROUP EXIT FROM WEENER PLASTICS