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New Deal


Announced

Completed

ProMach completed the acquisition of Reepack.

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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Acquisition

Completed

Friendly

Italy

Majority

packaging machinery

Cross Border

Single Bidder

Machinery: Industrial

Private

Synopsis

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ProMach, a packaging machinery company, completed the acquisition of Reepack, a manufacturer of flexible packaging machinery. Financial terms were not disclosed. “Reepack is a solid fit within the ProMach family. They have great people, a strong customer-focused culture, and have been excellent partners. Reepack’s team has developed some wonderful technology, and we are excited to help them build distribution and continue to grow worldwide. We are excited about their engineering capabilities, and we intend to continue to invest in new product development. I am certain the business will do very well," Mark Anderson, ProMach President and CEO.

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