mynth
12/2019

POPLAST acquired by GREEN ARROW CAPITAL

ITALY Chemicals & Materials / Packaging & Containers / Plastic Packaging EV 100M - 350M EUR

Context

Green Arrow Capital has acquired a majority stake in Poplast from Eos Investment Management (which held 86.5%) and minority operating partners. The management team, including Carlo Callegari and Pierangelo Fantoni, has reinvested in the company. The deal values the company at over EUR110 million. The acquisition aims to create a "Green Packaging" pole by aggregating other companies in the flexible packaging sector that focus on recyclable and compostable materials. The transaction was financed by Credit Agricole Italia and Deutsche Bank.

POPLAST, 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

Founded in 1975, Poplast is an Italian excellence in the flexible packaging sector, specializing in flexographic printing and lamination for the food and Corporate sectors. Headquartered in Castel San Giovanni, the company has grown significantly through M&A (acquiring Sala Srl and FM Plastic). It is recognized for its strong focus on R&D and sustainability, developing biodegradable and recyclable packaging solutions in partnership with the University of Piacenza.

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Historical Financials (EUR)

Year
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EBITDA
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2017

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REFERENCES

Valuation range: EV 100M - 350M EUR

Revenue range: 50M - 100M EUR

EBITDA range: 5M - 25M EUR

Note: This page provides detailed data on a private equity M&A transaction. Detailed and exact financial metrics for the acquisition of POPLAST by GREEN ARROW CAPITAL 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: green arrow capital