Stirling Square Capital Partners and the company’s management acquired 100% stake of Cartonplast Group from Synergo SGR

Fineurop Soditic acted as exclusive M&A adviser to private equity fund Stirling Square Capital Partners and the company’s management in the acquisition of a 100% stake of Cartonplast Group from Synergo SGR and of the remaining 50% stake in Cartonplast’s Madrid-based Iberian subsidiary not already owned by the Group.

Cartonplast is the European market leader for the processing and servicing of plastic layer pads (PLPs) used in the food and beverage industry for transporting glass containers. Headquartered in Dietzenbach, Germany, Cartonplast employs over 400 people in 9 countries, with 14 service centres across Europe and generated over €50 million sales in 2011. The company delivers PLPs to 133 glass manufacturers in 19 countries, delivering to about 4,000 fillers. Stirling Square will offer an international perspective for the future development of Cartonplast’s business, both across Europe and in important new, growth markets such as Asia and Latin America.

 

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