M&A Deal Summary

adapa Group Acquires Termoplast

On June 29, 2021, adapa Group acquired packaging company Termoplast

Acquisition Highlights
  • This is adapa Group’s 4th transaction in the Packaging sector.
  • This is adapa Group’s 2nd transaction in Italy.

M&A Deal Summary

Date 2021-06-29
Target Termoplast
Sector Packaging
Buyer(s) adapa Group
Deal Type Add-on Acquisition

Target

Termoplast

Florence, Italy
Termoplast is specialized in polymeric films for Flexible Packaging. Termoplast's 100% recyclable MDO-PE films offer s excellent processing qualities for all printing technologies and special applications for industrial companies and as well for food, medical and pharmaceutical sectors. Termoplast was founded in 1967 and is based in Florence, Italy.

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Buyer(S) 1

Buyer

adapa Group

Wiener Neudorf, Austria

Category Company
Sector Manufacturing
Revenue 370M EUR (2015)
DESCRIPTION

adapa Group is a manufacturer of flexible packaging products in Europe across a range of end markets including meat & cheese, confectionary, pharmaceutical specialties and tobacco. The Company covers the entire value-added chain in the packaging industry – from the procurement of raw materials to extrusion, pressing, lamination and processing. adapa Group operates 11 production plants across Germany, Finland, Denmark, the Netherlands, Poland, Slovakia and Greece. adapa Group is based in Wiener Neudorf, Austria.


DEAL STATS #
Overall 5 of 5
Sector: Packaging M&A 4 of 4
Type: Add-on Acquisition M&A Deals 5 of 5
Country: Italy M&A 2 of 2
Year: 2021 M&A 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2021-04-01 Sidac

Forli, Italy

Sidac is a manufacturer of flexible packaging particularly in the food, beverage, confectionery, and animal feed segments. The product portfolio primarily encompasses complex laminates supplied on reels and used in the ready-to-eat convenience food and pet food segment (stand-up pouches). Sidac was formed in 1929 and is based in Forli, Italy.

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