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New Deal


Announced

Essentra acquired Nekicesa Packaging from GED Iberian and EBN Vaccaria.

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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Single Bidder

packaging solutions

Pending

Spain

Containers and Packaging

Friendly

Acquisition

pharmaceutical packaging

Private

Private Equity

Synopsis

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Essentra, a leading global provider of essential components and solutions, acquired Nekicesa Packaging, one of the leading converters of folding cartons supplying the pharmaceutical end-market in Spain, from GED Iberian and EBN Vaccaria. Financial terms were not disclosed. Commenting on the deal, Paul Forman, Essentra Chief Executive said: "The acquisition of Nekicesa is indicative of the value-creating acquisition opportunities which are available to us now that our Packaging division has successfully been stabilised. With a proven track record of profitable growth under an experienced management team, Nekicesa is a great fit with our own business in Barcelona as we continue to focus on our strategic objective of being the leading dedicated supplier of specialist secondary packaging and value-added services to the global pharmaceutical, personal care and beauty industry. I would like to welcome all at Nekicesa to Essentra and wish them every success."

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