M&A Deal Summary

Duravant Acquires Wulftec International

On December 21, 2018, Duravant acquired packaging company Wulftec International from M.J. Maillis Group

Acquisition Highlights
  • This is Duravant’s 3rd transaction in the Packaging sector.
  • This is Duravant’s 1st transaction in Canada.
  • This is Duravant’s 1st transaction in Quebec.

M&A Deal Summary

Date 2018-12-21
Target Wulftec International
Sector Packaging
Buyer(s) Duravant
Sellers(s) M.J. Maillis Group
Deal Type Divestiture

Target

Wulftec International

Ayer’s Cliff, Quebec, Canada
Wulftec is a provider of end-of-line packaging automation solutions in North America. Wulftec leverages decades of engineering expertise and manufacturing know-how to deliver highly customized and scalable solutions that address the most complex end-of-line packaging challenges across a diversified customer base. Founded in 1990, Wulftec is located in Ayer’s Cliff, Quebec.

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Buyer(S) 1

Buyer

Duravant

Downers Grove, Illinois, United States

Category Company
Sector Machinery
DESCRIPTION

Duravant is a provider of highly engineered automation equipment and related aftermarket solutions for packaging, material handling, and food processing applications. Duravant designs and assembles mission-critical equipment, including form-fill-seal machines, robotic palletizers, conveyors, and thermal processors, primarily serving the food and beverage, e-commerce, distribution, and agriculture end-markets. Duravant is based in Downers Grove, Illinois.


DEAL STATS #
Overall 7 of 19
Sector (Packaging) 3 of 4
Type (Divestiture) 1 of 2
State (Quebec) 1 of 1
Country (Canada) 1 of 1
Year (2018) 4 of 4
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2018-03-08 QC Industries

Batavia, Ohio, United States

QC Industries LLC is a manufacturer of durable and reliable conveyors and integrated systems, specializing in low profile conveyor designs and technologies. QC Industries is based in Batavia, Ohio.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2019-05-15 Motion06

Lengau, Austria

Motion06 Gmbh is a manufacturer of machines and components for conveyor systems. Motion06 specializes in the design, production and sale of high-performance belt conveyor technology; prominently featuring a belt curve conveyor for ecommerce, parcel distribution centers, airport baggage handling systems, and other industrial applications. Motion06 Gmbh was founded in 2006 and is based in Lengau, Austria.

Buy -

Seller(S) 1

SELLER

M.J. Maillis Group

Athens, Greece

Category Company
Founded 1968
Sector Packaging
Employees1,500
Revenue 260M EUR (2014)
DESCRIPTION

M. J. Maillis Group is a producer of end-of-line packaging solutions, providing complete, high technology and cost effective packaging solutions (one-stop-shop) that combine packaging equipment, packaging materials, service and support. The company has approximately 1,500 employees and offices located in 18 countries throughout Europe, North America and Asia. The Group's customer base extends to the food, beverage, steel, construction, timber and cosmetics industries. The M.J. Maillis Group is the exclusive and preferred supplier of well-known companies such as US Steel, Nestlé, Coca-Cola, P&G, Henkel, Pepsi, Mars, Lafarge, ArcelorMittal and Wal-Mart. M.J. Maillis Group was founded in 1968 and is based in Athens, Greece.


DEAL STATS #
Overall 1 of 2
Sector (Packaging) 1 of 2
Type (Divestiture) 1 of 2
State (Quebec) 1 of 1
Country (Canada) 1 of 1
Year (2018) 1 of 1
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2022-04-04 Maillis Plastics Solutions

Karczew, Poland

Maillis Plastics Solutions is a full-range supplier of leading quality products that are critical components for safe product delivery, including load security and pallet stability. Its products are used by a broad range of international blue-chip customers across Europe. Maillis Plastics Solutions is headquartered in Karczew, Poland.

Sell -