M&A Deal Summary

ProMach Acquires MBF

On July 25, 2024, ProMach acquired packaging company MBF

Acquisition Highlights
  • This is ProMach’s 10th transaction in the Packaging sector.
  • This is ProMach’s 3rd transaction in Italy.

M&A Deal Summary

Date 2024-07-25
Target MBF
Sector Packaging
Buyer(s) ProMach
Deal Type Add-on Acquisition

Target

MBF

Veronella, Italy
MBF produces bottle-filling and closing machines and is a well-known and respected partner for wine and distilled spirits producers worldwide. MBF was founded in 1997 and is based in Veronella, Italy.

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Buyer(S) 1

Buyer

ProMach

Covington, Kentucky, United States

Category Company
Founded 1998
Sector Packaging
Revenue 213M USD (2014)
DESCRIPTION

ProMach is a provider of complete packaging machinery solutions, engineering and integration services, and related aftermarket products and services. ProMach brands operate across the entire packaging spectrum: filling and capping, flexibles, pharma, product handling, labeling and coding, and end of line. ProMach also provides Performance Services including integrated solutions, design/build, engineering services, and productivity software to optimize packaging line design and deliver maximum uptime. ProMach was founded in 1998 and is based in Covington, Kentucky.


DEAL STATS #
Overall 29 of 30
Sector (Packaging) 10 of 10
Type (Add-on Acquisition) 29 of 30
Country (Italy) 3 of 3
Year (2024) 3 of 4
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2024-04-22 Etiflex

Mexico

Etiflex is a producer of pressure-sensitive and RFID labels. The company offers a portfolio of label converting solutions that serve a broad range of industries, including food & beverage, textile, automotive, personal care, cosmetics, pharmaceutical, and retail & logistics. Etiflex also produces tickets, badges, and bracelets for events and transportation. Etiflex was founded in 1981 and is based in Mexico City.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2024-10-02 HMC Products

Caledonia, Illinois, United States

HMC Products is engaged in manufacturing, refurbishing, and servicing horizontal form fill seal (HFFS) machines. HMC Products was founded in 1979 and is based in Caledonia, Illinois.

Buy -