M&A Deal Summary

Ontario Teachers Pension Plan, Stonebridge Partners and Manulife Investment Management Acquire Trivium Packaging

On April 1, 2010, pension Ontario Teachers Pension Plan, private equity firm Stonebridge Partners and mezzanine finance firm Manulife Investment Management acquired packaging company Trivium Packaging

Acquisition Highlights
  • This is Ontario Teachers Pension Plan’s 1st, Stonebridge Partners’ 3rd and Manulife Investment Management’s 1st transaction in the Packaging sector.
  • This is Ontario Teachers Pension Plan’s 1st, Stonebridge Partners’ 1st and Manulife Investment Management’s 1st transaction in the Netherlands.
Investment Fate
  • Trivium Packaging was sold to a strategic buyer in 2019 for 2.5B USD.

M&A Deal Summary

Date 2010-04-01
Target Trivium Packaging
Sector Packaging
Buyer(s) Ontario Teachers Pension Plan
Stonebridge Partners
Manulife Investment Management
Deal Type Recapitalization

Target

Trivium Packaging

Amsterdam, Netherlands
website
Trivium Packaging will serve a diverse range of major multinational, regional and local customers operating in a wide array of end markets, including food, seafood, pet food, nutrition, beauty, and personal care, household care and premium beverages. Trivium Packaging is based in Amsterdam, Netherlands.

Search 192,349 Deals Now

SEARCH BY

  • Buyer Type (PE or Strategic)
  • Deal Size ($10M to $10B+)
  • Sector (60 Sectors)
  • Deal Type
  • Geography
  • & More

Try For Free 7-Day Free Trial

Buyer(S) 3

Buyer

Ontario Teachers Pension Plan

Toronto, Ontario, Canada

Investor Investor Investor Investor Investor

website


Category Pension
Founded 1990
PE ASSETS 242.5B USD
Size Mega
Type Sector Agnostic
DESCRIPTION

Teachers' Private Capital is the direct investment arm of the Ontario Teachers' Pension Plan. Teachers' Private Capital considers both private equity and venture related investments in North America, Europe, and Asia. Teachers' can support direct private equity investments between $100 million and $3 billion. Target sectors include business services, consumer products, retail, diversified industrials, financial services, technology, media, and communications. Teachers' Private Capital also makes private equity fund investments between $50 million and $750 million. Teachers' Private Capital was formed in 1991 and is based in Toronto, with additional offices in London and New York.


DEAL STATS #
Overall 37 of 174
Sector (Packaging) 1 of 5
Type (Recapitalization) 1 of 3
Country (Netherlands) 1 of 3
Year (2010) 3 of 9
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2010-03-25 Camelot Group

Hertfordshire, United Kingdom

Camelot Group holds an exclusive licence to operate the U.K. National Lottery. Camelot manages the National Lottery in Britain, designs new games, develops the marketing for lottery products and runs the network that sells the tickets. Camelot Group is based in Hertfordshire, United Kingdom.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2010-04-12 Munchkin

Van Nuys, California, United States

Munchkin is a designer and marketer of innovative and high quality products for babies and toddlers. Munchkin was founded in 1991 and is based in Van Nuys, California.

Buy -
Buyer

Stonebridge Partners

White Plains, New York, United States

Investor Investor Investor Investor Investor

website


Category Private Equity Firm
Founded 1986
PE ASSETS 900M USD
Size Middle-Market
Type Sector Agnostic
DESCRIPTION

Stonebridge Partners is a private equity firm that targets investments in mid-sized privately-owned companies or divisions of public companies primarily serving the industrial or commercial marketplaces. The Firm 'particularly seeks companies where manufacturing equipment, processes, technology, patents, brand identity and/or reputation provide sustainable barriers to entry for potential competitors'. Target sectors include specialty manufacturing, value-added distributors, specialty packaging, building materials, and infrastructure. Stonebridge prefers businesses located in the US and Canada. Stonebridge Partners was formed in 1986 and is based in White Plains, New York.


DEAL STATS #
Overall 10 of 21
Sector (Packaging) 3 of 3
Type (Recapitalization) 2 of 9
Country (Netherlands) 1 of 1
Year (2010) 1 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2008-07-22 American Dryer

Fall River, Massachusetts, United States

American Dryer Corp. is a manufacturer and marketer of coin-operated, on-premise, industrial and specialty laundry equipment.

Buy $300M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2010-08-01 Hydraulex

Chesterfield, Michigan, United States

Hydraulex is a remanufacturer and distributor of all major makes and brands of quality hydraulic pumps, motors, valves/servo, and cylinders for a vast variety of industrial, mobile, mining and oil-field applications. Hydraulex Global was founded in 2010 and is based in Chesterfield, Michigan.

Buy -
Buyer

Manulife Investment Management

Boston, Massachusetts, United States

Investor Investor Investor Investor Investor

website


Category Mezzanine Finance Firm
Founded 1998
Size Large
Type Sector Agnostic
DESCRIPTION

Manulife Investment Management is a private investment group that provides mezzanine as well as non-controlling equity capital to middle-market businesses. Manulife Investment's target investment size is $10 to $50 million per transaction. The Group prefers opportunities located in the US. Manulife Investment Management was established in 1998 and maintains offices in Boston and New York City.


DEAL STATS #
Overall 6 of 25
Sector (Packaging) 1 of 2
Type (Recapitalization) 1 of 4
Country (Netherlands) 1 of 1
Year (2010) 1 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2010-03-22 Interconnect Devices

Kansas City, Kansas, United States

Interconnect Devices, Inc. (IDI) designs, manufactures and sells connectors, interfaces and spring contact probes to aerospace, military, electronic, medical, semiconductor, printed circuit board, radio, telephone and automotive companies. IDI’s products are specialized and the company focuses on solutions for applications that require highly reliable and precise electrical connections.

Sell $185M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2010-05-01 Brooks Provisions

Philadelphia, Pennsylvania, United States

Brooks Provisions, Inc. is a wholesale food distribution throughout the Mid-Atlantic region. Brooks has been providing quality and value-priced items in protein, deli, dry and frozen goods to over 2000 clients

Sell -