M&A Deal Summary

Écart Invest Acquires Schutte bagclosures

On December 1, 2009, private equity firm Écart Invest acquired packaging company Schutte bagclosures

Acquisition Highlights
  • This is Écart Invest’s 2nd transaction in the Packaging sector.
  • This is Écart Invest’s 16th transaction in the Netherlands.

M&A Deal Summary

Date 2009-12-01
Target Schutte bagclosures
Sector Packaging
Buyer(s) Écart Invest
Deal Type Buyout (LBO, MBO, MBI)

Target

Schutte bagclosures

Uden, Netherlands
Schutte bagclosures engages in the production, sales, and distribution of bag closures and binding materials. With its products, the company focuses in particular on the bread and confectionery industry, manufacturers of bags, industrial and agricultural customers. Schutte bagclosures was founded in 1957 and is based in Uden, Netherlands.

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Buyer(S) 1

DESCRIPTION

Écart Invest is a private investment firm focused on lower middle-market buyout, growth, and venture investments of Dutch companies. Sectors of interest include human resources, IT, and packaging. The Firm looks to invest €2 to €8 million per transaction and will also consider subordinated debt financing. Écart does not invest in turnarounds, real estate, or hotel/catering businesses. Écart Invest was established in 1993 and is headquartered in Den Haag, The Netherlands.


DEAL STATS #
Overall 16 of 31
Sector (Packaging) 2 of 4
Type (Buyout (LBO, MBO, MBI)) 11 of 21
Country (Netherlands) 16 of 29
Year (2009) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2008-01-01 GrowWork Group

Den Bosch, Netherlands

GrowWork Group offers public organizations with a wide range of HR services so that they can function optimally. GWG focuses on the government, education, and healthcare sectors. It does this with the service provider types of secondment, payrolling, training, recruitment & selection, mobility employment, and career coaching. GrowWork Group was founded in 2008 and is based in Den Bosch, Netherlands.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2010-03-01 Wilderness B.V.

Roden, Netherlands

Wilderness B.V. is an operator of the largest camping and outdoor specialist in The Netherlands. Wilderness was founded in 1985 and is based in Roden, Netherlands.

Buy -