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Announced

Completed

Gruppo Happy completed the acquisition of Sirap France.

Financials

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

Sources

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Tags

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Private

Friendly

Containers and Packaging

Acquisition

France

packaging solutions

Cross Border

Single Bidder

Majority

Completed

Synopsis

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Gruppo Happy, a firm engaged in the food packaging sector, completed the acquisition of Sirap France, a fresh food packaging producer. Financial terms were not disclosed. The liquidity generated by these sales has been added to Italmobiliare's cash resources, ready to be allocated to future investments according to the holding company's diversification strategy.

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