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11/2024

CLIFTON PACKAGING LIMITED acquired by CARTON PACK

UNITED KINGDOM Chemicals & Materials / Packaging & Containers / Plastic Packaging REV 25M - 50M EUR

Context

Carton Pack S.p.A. has acquired Clifton Packaging Group Limited, a UK-based manufacturer of flexible food packaging. This transaction marks Carton Pack's entry into the UK manufacturing market and expands its product portfolio into the high-growth "wet protein" (meat) and snack categories. The deal is Carton Pack's sixth acquisition since 2020 and the third under AMCE ownership.

CLIFTON PACKAGING LIMITED, which reported an EBITDA margin of in 2023, is valued in this transaction at an EV/EBITDA multiple of , a level to compare with the average currently observed in the Industry & Manufacturing sector (11.6x).

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Target

Founded in 1981 and headquartered in Leicester, UK, Clifton Packaging is a leading manufacturer of innovative flexible packaging solutions. The company specializes in barrier films and pre-made stand-up pouches, primarily serving the food industry with a focus on "wet protein" (meat/poultry) and snacks. Clifton has a strong reputation for technical innovation and sustainability, serving a broad range of blue-chip brands in the UK and beyond.

Ent. Value

Equity Value

Multiples

EV / Revenue

EV / EBITDA

EV / EBIT

Historical Financials (EUR)

Year
Rev
EBITDA
EBIT
2023
2022

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REFERENCES

Revenue range: 25M - 50M EUR

Note: This page provides detailed data on a private equity M&A transaction. Detailed and exact financial metrics for the acquisition of CLIFTON PACKAGING LIMITED by CARTON PACK are reserved for mynth community members. Register for free to unlock full data.

Authors: This transaction was contributed by a verified mynth contributor and cross-checked against available transaction documents and official company communications.