M&A Deal Summary

Coveris Group Acquires Supraplast SA

On March 3, 2016, Coveris Group acquired plastics company Supraplast SA

Acquisition Highlights
  • This is Coveris Group’s 1st transaction in the Plastics sector.
  • This is Coveris Group’s 1st transaction in Ecuador.

M&A Deal Summary

Date 2016-03-03
Target Supraplast SA
Sector Plastics
Buyer(s) Coveris Group
Deal Type Add-on Acquisition

Target

Supraplast SA

Guayaquil, Ecuador
Supraplast SA is a plastic fabrication company provides printing technology with a broad product offering that includes shrink sleeves, self-adhesive labels, safety seals, PVC and PET shrink films.

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Buyer(S) 1

Buyer

Coveris Group

Vienna, Austria

Category Company
Founded 2013
Sector Packaging
DESCRIPTION

Coveris is a global plastic packaging company formed by the combination of Exopack, Britton Group, Kobusch, PACCOR and Paragon Print & Packaging, the company is an established leader in the development, manufacture, and sourcing of flexible and rigid plastic and paper packaging, as well as coatings solutions for various consumer and industrial end-use markets. Coveris was founded in 2013 and is based in Vienna, Austria.


DEAL STATS #
Overall 12 of 14
Sector: Plastics M&A 1 of 1
Type: Add-on Acquisition M&A Deals 8 of 10
Country: Ecuador M&A 1 of 1
Year: 2016 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2015-06-17 Olefinas S. S.A. de C.V.

Potosí, Mexico

Olefinas S.L.P., S.A. de C.V. is a manufacturer of packaging solutions for a full range of agricultural products, including tree bags, labels, twine and aging ribbons for the banana industry, as well as mulch and fumigation films, insect traps, modified atmospheric packaging and shrink films.

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FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2018-07-31 Paccor

Dusseldorf, Germany

Paccor is a European manufacturer of high performance rigid packaging solutions with a strong position in the dairy market and a strong presence in other end-markets, including convenience foods, fresh and processed foods, and personal and homecare. Paccor was founded in 2011 and is based in Dusseldorf, Germany.

Sell -