MP Corporate Finance acted as the financial advisor to the shareholders in the sale of Argo SA to ALPLA
Established in 1971, Argo is a highly reputed rigid plastic packaging manufacturer with two state-of-the-art production facilities (Greece and Romania). The company supplies rigid packaging for the personal care, pharmaceutical, chemical, crop protection and detergent industries. In close collaboration with its customers, the company develops, designs and produces a variety of bottles, droppers, tubes and closures. The company is capable of different manufacturing technologies such as injection moulding, injection blow moulding, injection stretch blow moulding and extrusion blow moulding.
Alpla is one of the top 10 global players in the rigid packaging market.
The transaction comprised 100% of the shares. The transaction will significantly increase Alpla’s existing market share in South-Eastern Europe and its know-how in the pharma packaging market.
MP Value Add
Target and situation-specific buyer selection: Based on direct access to the top decision-makers, MP has carefully identified the utmost suitable trade and financial buyers and organised the auction with a very exclusive group of potential buyers to ensure confidentiality but without compromising transaction safety and the auction process
Value-maximising position in every situation: Even in an economically challenging environment, MP succeeded in positioning Argo in such a competitive position that it aroused maximum interest among both international trade buyers and investors and thus achieved the highest possible transaction value
Managing complexity: MP succeeded in maximizing transaction safety through a tailor-made process with individual time specifications. Furthermore, MP was able to secure utmost comfort for its client, granting a clean exit with optimal risk allocation by demonstrating an excellent problem-solving approach in combination with ubiquitous outstanding negotiation skills