MP Corporate Finance acted as the exclusive financial advisor to Schur Flexibles in the acquisition of Scandiflex

 

Scandiflex Pac AB, headquartered in Landskrona, Sweden, was founded in 1985. The flexible packaging player offers printing and laminating solutions, predominantly for the fresh and dry food industry.

Tilgmann Group was founded almost 150 years ago and is headquartered in Helsinki, Finland. The Group is focussed on packaging materials having two packaging companies in their portfolio.

Schur Flexibles Group provides made-to-measure high-barrier packaging solutions for the food, tobacco and pharmaceutical industries. The group operates 23 specialised production plants in Germany, France, the UK, Finland, Denmark, the Netherlands, Poland, Slovakia, Greece, and Russia.  With sales of c. € 520m, Schur Flexibles is one of the top European companies in the industry.

The acquisition of Scandiflex strengthens Schur Flexibles’ position in Scandinavia and provides significant synergy potential stemming from the integration in the group’s value chain.

MP Value Add

MP has been providing its flexible packaging industry expertise to Schur Flexibles since its foundation in 2012. The acquisition of Scandiflex marks the 15th acquisition for the Group.

MP identified Scandiflex as a suitable target for Schur Flexibles’ strategy and  facilitated transaction negotiations with Tilgmann Group.

After signing a detailed term sheet, MP managed and coordinated a focussed due diligence process in close collaboration with the Schur Flexibles team and its external due diligence advisors.

Within three months from the date of the term sheet, MP succeeded in completing this cross-boarder transaction beneficial to the sustainable development of all parties involved.