MP Corporate Finance acted as the exclusive M&A advisor to the majority shareholders & founding family in the sale of publicly listed Paperpack.
Paperpack is the unrivalled number one folding carton supplier to the pharmaceutical industry in Southeast Europe (SEE), drawing from a company history of more than 125 years in the printing and packaging space.
In 2000, the company floated on the Athens Stock Exchange and continued its growth path under majority ownership of the founding family.
Today, Paperpack counts myriad blue-chip players to its loyal customer base and achieves about two thirds of sales in the supreme discipline of pharma packaging.
CEE Equity Partners & China-CEE Fund II (CEE Equity) are a Chinese-European private equity group continuously contributing to the vibrant growth of CEE and SEE economies. With Paperpack, CEE Equity have not only made their first fund investment in Greece, but moreover established a solid platform for future growth and acquisitions in the region.
MP Value Add
During this complex transaction involving a publicly listed company, MP successfully managed the process throughout the global COVID-19 pandemic.
In addition to meticulously managing the entire process from day one, MP supported shareholder communication and the procurement of sufficient minority shares required by market regulations to facilitate the future squeeze-out and stock market delisting under new ownership.
MP thus achieved a premium exit for the shareholding family at a price 70% above Paperpack’s VWAP of 2019.