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Announced

Completed

Zeus Capital completed the acquisition of Swanline Group and BoxMart for €25m.

Financials

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Transaction Value£21m
Consideration TypeCash
Capital Owned-
Capital Bid For-
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Sources

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United Kingdom

Private Equity

Acquisition

Cross Border

pulp & paper machinery

paper materials

Containers and Packaging

Majority

Private

Completed

Friendly

Synopsis

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Zeus Capital, a private equity firm, completed the acquisition of paper manufacturers Swanline Group and BoxMart, for €25m. “It is a significant day for Zeus as we continue our current investment strategy with the acquisition of two very strong players in the UK packaging sector. Swanline Group and BoxMart bring with them long-established customer bases, in-depth knowledge about their respective sectors, and dedicated diverse teams who are committed to serving their customers. As a combined entity, we have enhanced our reach and offering across the UK, with further opportunity to maximise efficiencies across our distribution and supply chains, whilst broadening our product and service offerings to our existing customers," Keith Ockenden, Zeus CEO.

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