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New Deal


Announced

PACCOR to acquire EDV Packaging Solutions.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Majority

Spain

Containers and Packaging

Private

packaging solutions

Acquisition

Pending

Friendly

Single Bidder

Synopsis

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PACCOR, a supplier of sustainable plastic packaging solutions, agreed to acquire EDV Packaging Solutions, a manufacturers of rigid barrier packaging for the food industry worldwide. Financial terms were not disclosed. "We are very happy to welcome EDV Packaging Solutions as a new member of the PACCOR worldwide family. Over the past years, EDV has achieved very impressive growth and profitability. We are happy to merge forces in order to jointly capture further opportunities within Europe and outside of it," Andreas Schütte, PACCOR CEO.

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