MP ACTED AS THE EXCLUSIVE M&A ADVISOR TO THE OWNERS OF MULTITUBES IN THE SALE OF A MAJORITY STAKE TO MENTHA CAPITAL
The founding family of Multitubes Group, a leading player in tubes packaging, signed an agreement for the sale of a majority stake to Mentha Capital.
Founded in 1999 the Multitubes Group since then became the frontrunner in sustainable tubes packaging, producing high quality extruded plastic tubes with the capability to offer all decoration techniques and diameters available in the market. With its unique one-stop-shop offering Multitubes Group serves a wide client base in different end-markets throughout Europe.
Mentha Capital is an independent private equity firm active in the mid-market in the Netherlands and Flanders.
The sale of a majority stake allows for a partial realisation of the founding family’s investment while unlocking new organic and inorganic growth paths for Multitubes. With a new partner on board, the founding family will remain in the management of the company to further drive the growth of the business and strengthen Multitubes’ position in the market.
MP Value Add
MP’s dedicated Packaging sector team successfully advised Multitubes’ owners through all stages of the auction process from the development of the strategy how to best position the company in light of current market trends for a sale, the preparation of premium marketing materials through leading all negotiations with several bidders till closing of the deal.
Almost entirely remote during COVID-19, MP coordinated the various workstreams, balancing the information requirements of the individual stakeholders and the need for an expeditious and resource-efficient transaction. By identifying and approaching the most suitable buyers, MP created a highly competitive global bidding environment and led the commercial part of the SPA negotiations, enabling the owners to select the most suitable partner and package to ensure a mutually successful partnership in the years to come.