Possehl acquires Etipack

Possehl acquires Etipack

Buyer

TransaCtion

aquires

Target

DatE

2019

Information about the Buyer

Possehl’s Mittelstandsbeteiligungen GmbH history dates back to 1847, when Ludwig Possehl founds his company L. Possehl & Co. in Lübeck (Germany) and starts trading with iron and coal. Today, the Group is headed by a lean management holding, L. Possehl & Co. GmbH based in Lübeck, Germany.
Stability and long-term corporate development are key words for the Group’s business strategy, which is focused on the acquisition of companies operating in mature industries or niche markets. Possehl M&A strategy ensures companies to remain independent operating enterprises, with own culture and long-term support and development of the businesses.

 

 

Information about the Target

Transaction advisory to the owner of Etipack S.p.A. in the sale process of company – a leading Italian designer and manufacturer of labeling and coding systems for pressure-sensitive labels, feeder and pick&place, with headquarters in Cinisello Balsamo (Milano).

Translink performed the role of transaction advisor to the owner of Etipack S.p.A. in the sale of 100% of its shares to Possehl Mittelstandsbeteiligungen GmbH, which is part of the international Possehl Group based in Lübeck. The transaction was concluded in July 2019. Its value has not been disclosed.

Etipack S.p.A., founded in 1978, is a leading specialist manufacturer of labeling and coding systems for pressure-sensitive labels in Italy. Etipack expanded to gain international footprint and the Group is now composed by 5 additional companies, located in Europe (Netherlands, Germany, Czech Republic and Hungary) and South America (Brazil).
With over 40 years of specialization in the labeling equipment, it developed outstanding know-how and technical solutions for the most complex applications, and strong reputation with large corporate customers. In 2018, the company had revenues of 17 million Euros.

Translink’s team advised the owners of Etipack S.p.A. in the transaction process in areas including preparing the companies for sale, identifying the investor, and negotiating the key transaction terms and documents. Translink’s transaction team comprised of Dennis Magath (Director).

Team

Dennis Magath

“We are pleased that we were able to create a “win-win situation” for buyers and sellers with this transaction. With Possehl, we were able to win a long-term buyer for Etipack S.p.A. who is committed to sustainability and wants to develop the company under its existing name in the long term. For Possehl, the acquisition of Etipack, one of the leading manufacturers of industrial labelling solutions in Italy, means a direct strengthening of existing activities in the field of labelling systems and a further expansion of business activities in Southern Europe.”