Sale to ProAmpac

Industrial
Sale to ProAmpac

Summary

Baird served as the exclusive financial advisor to Clondalkin Group on this transaction

About

Clondalkin Flexible Packaging Orlando (“Clondalkin Orlando” or the “Business”), a business unit of Egeria’s portfolio company Clondalkin Group, was recently acquired by ProAmpac, a company owned by Pritzker Group Private Capital (“Pritzker Group”). Terms of the transaction were not disclosed.

Clondalkin Orlando is an established market leader specializing in converting, printing, die-cutting and slitting packaging materials. The Business provides lidding foils and films, composite can spiral labels and other capping materials used in food and beverage applications. Following the transaction, Clondalkin Orlando will become part of the ProAmpac brand and operate as a part of the Extrusion and Laminations Division. Clondalkin Orlando is headquartered in Orlando, Florida.

Clondalkin Group is a group of nine flexible packaging companies located across Europe and North America specializing in extrusion, printing, laminating and finishing. The companies have extensive experience in the development, manufacture and marketing of various packaging for different consumer goods and industrial applications. Clondalkin Group is headquartered in Amsterdam, the Netherlands.

Egeria is a fully independent Dutch private equity firm, targeting controlling stakes in healthy, well-led middle-market companies in the Netherlands or in companies having a Dutch link. Its aim is to create long-term value for all parties involved by growing and developing the companies in close cooperation – and based on mutual respect and trust – with management. Egeria is headquartered in Amsterdam, the Netherlands.

ProAmpac is a leading global flexible packaging company with a comprehensive product offering unparalleled in the industry. It provides creative packaging solutions, industry-leading customer service and award-winning innovation to a diverse global marketplace. ProAmpac is guided in its work by four core values that are the basis for its success: Integrity, Intensity, Innovation and Involvement. ProAmpac is headquartered in Cincinnati, Ohio.

Pritzker Group Private Capital, founded by Tony and J.B. Pritzker, acquires North America-based middle-market companies with leading positions in the manufactured products, services and healthcare sectors. The firm’s permanent, proprietary capital base allows for efficient decision making, broad flexibility with transaction structure and investment horizon, and alignment with management teams focused on creating long-term value. Pritzker Group brings significant resources, expertise and credibility in building businesses and is an ideal partner for entrepreneur- and family-owned companies. Pritzker Group Private Capital is headquartered in Chicago, Illinois.
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Industrial
Sale to ProAmpac
Date
August 2017
Company
Clondalkin Flexible Packaging Orlando
Transaction
M&A
Sectors
Industrial
Target Location
Europe
Acquiror Location
North America

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