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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 LOGIN in 2023, is valued in this transaction at an EV/EBITDA multiple of LOGIN, a level to compare with the average currently observed in the Industry & Manufacturing sector (11.1x).

Note that this data is based on contribution from our growing community, composed of M&A and Private Equity professionals, and has been verified by our team to ensure its accuracy.

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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.

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Historical Financials (EUR)

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2023
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REFERENCES

Revenue range: 25M - 50M EUR

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Authors: verified mynth contributor (mynth data is contributed by M&A / PE professionals and systematically cross-verified with private deal documents and official press releases).