Capidea takes majority stake in MC Emballage

Capidea acquired a majority interest in MC Emballage on 4 November 2026 from its employee shareholders, several of whom retained significant holdings, among them chief executive Peder Eriksen, who continued to lead the business. The transaction was the twelfth investment from Capidea Kapital IV, a fund established in April 2023 with commitments of around 1.3 billion kroner. Founded in 1988 at Aarhus and based at Søften, MC Emballage distributes packaging to Danish businesses, supplying the cardboard boxes, protective fillings, films, tapes and pallets through which goods are protected in transit and storage. It carries more than 15,000 items in stock, supplies the machinery that seals and wraps on customers’ production lines, and serves over 5,000 active customers across Danish industry. Revenue was projected at DKK 250–500M for 2025 with an adjusted EBITDA of DKK 50–100M. Advisory work has become part of what the company sells, as European rules now require businesses to document the recyclability and material content of what they ship, and to reduce the volume of packaging used. A distributor that can establish which of its products satisfy those requirements, and demonstrate it, holds a position a catalogue supplier does not. Employee ownership had characterised the company since 2004, and its continuation formed part of the agreement, with the retained holdings and a broad-based structure maintained under the new majority shareholder. Consolidation has reduced the number of independent packaging distributors in Denmark, most having been absorbed into international groups, which the parties identified as leaving room for a national supplier able to decide matters locally. PwC Corporate Finance advised the sellers, with Kromann Reumert as legal counsel, while Plesner advised Capidea.