Deal Details

Malpack Is Acquired by Trioworld

Industrial

Malpack sale to Trioworld, a portfolio company of Altor

Summary

Malpack Ltd. and Malpack Corp. (collectively “Malpack” or the “Company”) recently announced an agreement to be acquired by Trioworld Group (“Trioworld”), a company owned by Altor Equity Partners (“Altor”).

Baird served as the exclusive financial advisor to Malpack on this transaction.

About

Malpack is a leading producer and supplier of premium load security solutions based on high performance stretch film to customers within distribution, beverage, food, consumer goods, e-commerce, and other industrial packaging. Malpack serves customers from coast to coast in the United States and Canada. The Company has a legacy dating back to its origins in 1972 as a polybag manufacturer and started production of stretch films in 1997. Malpack is headquartered in Ajax, Ontario, Canada.

Trioworld, founded in 1965, is a leading supplier of sustainable, high-performance plastic film, providing solutions for consumer and industrial packaging, transport and load security, agriculture, hygiene, and medical technology. Trioworld is a leading player in the segment with a turnover of EUR 850 million and 1,550 employees. Trioworld´s head office is in Smålandsstenar, Sweden, with production and recycling sites in Sweden, Denmark, the Netherlands, France, and United Kingdom. Trioworld’s products and solutions are sold around the world.

Altor is one of the leading Nordic private equity firms, focused on building world class companies. Since inception, the family of Altor funds has raised some EUR 8.3 billion in total commitments. The funds have invested in excess of EUR 5 billion in more than 85 companies. The investments have been made in medium-sized predominantly Nordic and DACH companies with the aim to create value through growth initiatives and operational improvements.

Industrial

Malpack sale to Trioworld, a portfolio company of Altor