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New Deal


Announced

Quadpack to acquire Louvrette.

Synopsis

Quadpack, which manufactures packaging solutions agreed to acquire Louvrette, which provides packaging solutions. Financial terms were not disclosed. The deal enables Quadpack to obtain a better balance as a hybrid manufacturing and sourcing company, increasing the percentage of own-manufactured products near one-third of sales. “The Livingstone teams in Spain and Germany have delivered highly coordinated advice and the support we needed to close this transaction. We are very grateful for the dedication and efforts that both teams gave us, seamlessly coordinating all legal and tax aspects, to ensure successful completion in an established time frame.” Marc Sahonet, Quadpack Board member.

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