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New Deal


Announced

Oliver Healthcare Packaging to acquire  EK-Pack Folien.

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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Germany

packaging

Containers and Packaging

Acquisition

Cross Border

Majority

Private

Pending

Friendly

Single Bidder

Synopsis

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Oliver Healthcare Packaging, a supplier of sterile barrier flexible packaging solutions to the global healthcare market, agreed to acquire  EK-Pack Folien, a manufacturer of film and foil technology. Financial terms were not disclosed. “We are thrilled to see this partnership come to fruition. This acquisition gives us greater control over our supply chain and allows us to innovate new products to meet our customers’ evolving needs. In recent years, we have invested heavily in the European region to better support our customer base. This vertical integration is a strategic way to build scale and flexibility while insourcing many of our packaging materials,” Michael Benevento, Oliver Healthcare Packaging President and CEO.

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