mynth
02/2017

TAPÌ acquired by WISE EQUITY

ITALY Chemicals & Materials / Packaging & Containers REV 25M - 50M EUR

Context

The strategic acquisition of Tapì Group by Wise Equity Fund marks a significant milestone in the company's history, providing Tapì with the necessary resources to achieve its ambitious growth targets. The deal is expected to enhance Tapì's competitiveness, drive further expansion into international markets, and strengthen its focus on research and development. With Wise Equity Fund's support, Tapì aims to double its turnover over the next five years, building on its existing strengths and leveraging the firm's expertise and network to drive growth. The acquisition is also expected to have a positive impact on the packaging industry, as Tapì continues to innovate and expand its product offerings. The deal is a testament to the attractiveness of the Italian packaging industry and the growth potential of companies like Tapì, which have established themselves as leaders in their niche markets. The partnership between Tapì and Wise Equity Fund is expected to create new opportunities for both parties, driving growth, innovation, and job creation in the industry. As the packaging industry continues to evolve, the acquisition of Tapì by Wise Equity Fund is well-positioned to drive future growth and expansion, both in Italy and internationally.

TAPÌ, which reported an EBITDA margin of in 2017, 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 (11.4x).

-> Deep-dive in Industry & Manufacturing market trends

Target

Founded in 1999 in Veneto by Alberto Baban and Nicola Mason, Italian packaging manufacturer Tapì specializes in the design and production of technical bar-top closures and decorative stoppers. Operating from Massanzago in the province of Padua, the business runs specialized manufacturing plants converting synthetic polymers, noble woods, aluminum components, and natural or micro-agglomerated cork into closures for high-end glass bottles. Its commercial model centers on custom industrial molding and high-volume batch supply of T-shaped stoppers engineered for commercial distillers, wineries, craft brewers, gourmet condiment producers, and cosmetic brands. The manufacturing infrastructure encompasses in-house materials formulation, precision polymer injection, and mechanical assembly operations to guarantee container seal integrity and chemical compatibility with high-proof alcohols. The enterprise distributes finished closure batches to global spirit bottlers, commercial distributors, and packaging decorators.

Ent. Value

Equity Value

Multiples

EV / Revenue

EV / EBITDA

EV / EBIT

Historical Financials (EUR)

Year
Rev
EBITDA
EBIT
2017
2016

Other operations with TAPÌ

List of similar M&A transactions (Date, Acquirer, Target, Country, Sub-sector)
DateAcquirerTargetCountrySector
04/2023STIRLING SQUARE CAPITALTAPÌITALYPackaging & Containers

REFERENCES

Revenue range: 25M - 50M EUR

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

Press release: view release

Target: tapì

Acquirer: wise equity