List of 13 Middle-Market Packaging Private Equity Firm Investors in Western Europe

Investor	PE Assets $mlns	Portfolio	M&A Activity Buy vs Sell, Last 5 Years
Gilde Equity Management Houten, Netherlands Private Equity Firm • 1982 • website See all 12	563	56	23
BWK Stuttgart, Germany Private Equity Firm • 1990 • website See all 5	338	32	20
Aksìa Group Milan, Italy Private Equity Firm • 1997 • website See all 5	563	24	12
Süd Beteiligungen Stuttgart, Germany Private Equity Firm • 1970 • website See all 3	563	13	8
InnovaFonds Paris, France Private Equity Firm • 2011 • website See all 9	394	25	20
Quadrum Capital Almelo, Netherlands Private Equity Firm • 2012 • website See all 6	282	28	26
Sparring Capital Paris, France Private Equity Firm • 2002 • website See all 5	958	40	14
PM&Partners Milan, Italy Private Equity Firm • 2000 • website See all 5	563	18	5
VR Equitypartner Frankfurt, Germany Private Equity Firm • 1970 • website See all 2	563	48	25
NiXEN Partners Paris, France Private Equity Firm • 1998 • website See all 3	676	38	6
GED Capital Madrid, Spain Private Equity Firm • 1996 • website See all 13	902	44	28
Maj Invest Equity Copenhagen, Denmark Private Equity Firm • 2005 • website See all 12	665	81	8
Bee Up Capital Paris, France Private Equity Firm • 1999 • website See all 3	282	7	4

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Middle-Market Western Europe Packaging Private Equity Firm Investors