mynth
07/2019

LAMEPLAST acquired by TEKNI-PLEX

ITALY Chemicals & Materials / Packaging & Containers / Plastic Packaging EV 50M - 150M EUR

Context

Tekni-Plex, Inc. has acquired 100% of the share capital of Lameplast S.p.A. from the Italian private equity firm Aksia Group (Aksia Capital IV fund). This transaction represents the first exit for the Aksia Capital IV fund. Lameplast's expertise in pharmaceutical injection moulding and its strong foothold in the European ophthalmology market will be integrated into Tekni-Plex's global healthcare packaging division. Under Aksia's ownership since 2016, Lameplast had strengthened its management, enhanced R&D, and expanded its commercial presence in the US.

LAMEPLAST, which reported an EBITDA margin of in 2018, is valued in this transaction at an EV/EBITDA multiple of , representing a to the average currently observed in the Industry & Manufacturing sector (11.6x).

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Target

Lameplast is a leading European manufacturer of primary plastic packaging for the pharmaceutical industry. Based in Italy's "Biomedical Valley," the company specializes in the design and production of single-dose and multi-dose containers using injection and blow moulding technologies. It has a specific leadership position in the ophthalmology, OTC, and cosmetic sectors.

Ent. Value

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Historical Financials (EUR)

Year
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EBITDA
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2018
2017

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REFERENCES

Valuation range: EV 50M - 150M EUR

Revenue range: 10M - 30M EUR

EBITDA range: 0M - 5M EUR

Note: This page provides detailed data on a private equity M&A transaction. Detailed and exact financial metrics for the acquisition of LAMEPLAST by TEKNI-PLEX 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.

Acquirer: tekni-plex