M&A Deal Summary

Huhtamaki Acquires Paris Packaging

On September 2, 2011, Huhtamaki acquired packaging company Paris Packaging from 21st Century Group for 23M EUR

Acquisition Highlights
  • This is Huhtamaki’s 1st transaction in the Packaging sector.
  • This is Huhtamaki’s 6th largest (disclosed) transaction.
  • This is Huhtamaki’s 1st transaction in the United States.
  • This is Huhtamaki’s 1st transaction in Texas.

M&A Deal Summary

Date 2011-09-02
Target Paris Packaging
Sector Packaging
Buyer(s) Huhtamaki
Sellers(s) 21st Century Group
Deal Type Add-on Acquisition
Deal Value 23M EUR

Target

Paris Packaging

Paris, Texas, United States
website
Paris Packaging, Inc. is primarily engaged in the manufacture of custom designed folding cartons used in the quick serve restaurant, bakery, department stores and frozen food industry sectors.

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Buyer(S) 1

Buyer

Huhtamaki

Espoo, Finland

website


Category Company
Founded 1920
Sector Packaging
Employees18,468
Revenue 4.5B EUR (2022)
DESCRIPTION

Huhtamaki is a manufacturer of consumer and specialty packaging. Huhtamaki was founded in 1920 and is based in Espoo, Finland.


DEAL STATS #
Overall 1 of 14
Sector (Packaging) 1 of 14
Type (Add-on Acquisition) 1 of 12
State (Texas) 1 of 1
Country (United States) 1 of 4
Year (2011) 1 of 2
Size (of disclosed) 6 of 11
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2009-06-03 Huhtamaki Plásticos Rígidos Brasil

Brazil

Huhtamaki Plásticos Rígidos Brasil Ltda produces and sells food packaging products.

Sell -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2011-11-30 Ample Labels

Nixa, Missouri, United States

Ample Labels is a digital and flexographic printer for regional and national customers in the food, health, personal care, industrial, pharmaceutical, and beverage segments. Ample Labels has focused on providing exceptional service for customers requiring custom flexographic and digital label printing, state-of-the-art finishing technology, label design, direct thermal printing, flexible packaging, and promotional label solutions. Ample Labels was founded in 1968 and is based in Nixa, Missouri.

Buy €23M

Seller(S) 1

SELLER

21st Century Group

Dallas, Texas, United States

website


Category Private Equity Firm
Founded 1998
PE ASSETS 166M USD
Size Small
Type Sector Agnostic
DESCRIPTION

21st Century Group is a private equity firm that targets lower middle-market company investments. The Firm looks for businesses generating annual sales of $15 to $150 million and valued between $15 and $100 million. Sectors of interest include manufacturing, value-added distribution, services, and media. Prospective transactions include divisions or subsidiaries of public or private companies, private companies seeking liquidity, family owned companies seeking intergeneration transfer of wealth, and take privates. 21st Century was formed in 1998 and is based in Dallas, Texas.


DEAL STATS #
Overall 6 of 9
Sector (Packaging) 2 of 2
Type (Add-on Acquisition) 3 of 4
State (Texas) 3 of 3
Country (United States) 6 of 9
Year (2011) 1 of 1
Size (of disclosed) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2010-01-01 Conley Lott Nichols of Texas

Dallas, Texas, United States

Conley Lott Nichols, based in Dallas, is an exclusive dealer and servicer of construction and paving equipment. The Company?s primary product lines include Bobcat, Gomaco, Etnyre, LeeBoy, Sandvile and Finn. The product lines are used in a variety of commercial and residential construction settings including airport, highway, street, driveway and parking lot paving

Sell -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2011-11-07 Milk Specialties Global

Eden Prairie, Minnesota, United States

Milk Specialties Global is a human and animal nutrition company. The Human Nutrition Business Unit is a leading manufacturer of whey and milk protein ingredients used primarily in the sports nutrition and functional foods end-markets. Milk Specialties Global was founded in 1949 and is based in Eden Prairie, Minnesota.

Buy $340M