Maarten De Jongh
Norgestion
Mespack
Deal Type
Company sale
Sector
Industrials
Completion Date
25th June 2015
Deal Value
Not disclosed
Company Background
Headquartered in Barcelona, Spain, Mespack is a manufacturer of flexible packaging solutions that engineers and builds high speed machinery for the world's leading consumer packaged goods companies, mainly in the HFFS and stick pack segments.
Deal Summary
NORGESTION advised the shareholders of Mespack on its integration into the Illinnois based Duravant Group, global engineered equipment company with an over 100-year operating history, backed by Odyssey Investment Partners, based in NYC. Headquartered in Barcelona, Spain, Mespack is a manufacturer of flexible packaging solutions that engineers and builds high speed machinery for the world's leading consumer packaged goods companies, mainly in the HFFS and stick pack segments. Mespack generates yearly revenue of € 47 million. This transaction greatly enhances Duravant’s design, manufacturing and aftermarket service capabilities on a global scale.
Value Added
Our client preferred to enter into conversations with only a limited number of potential investors. We therefore executed a sales procedure in which in a first round we only discussed with four investors, all four US based. Our knowledge of managing cultural differences between a US investors (without previous experience in Europe) and a Spanish vendor was critical in closing the deal
