M&A Deal Summary

Essentra Acquires Contego Healthcare

On March 19, 2013, Essentra acquired packaging company Contego Healthcare from Platinum Equity for 160M GBP

Acquisition Highlights
  • This is Essentra’s 1st transaction in the Packaging sector.
  • This is Essentra’s 2nd largest (disclosed) transaction.
  • This is Essentra’s 4th transaction in the United Kingdom.

M&A Deal Summary
Date 2013-03-19
Target Contego Healthcare
Sector Packaging
Buyer(s) Essentra
Sellers(s) Platinum Equity
Deal Type Add-on Acquisition
Deal Value 160M GBP
Advisor(s) Blackstone Advisory Partners (Financial)

Target

Contego Healthcare

Bagshot, United Kingdom
Contego Healthcare is one of Europe’s leading and most technically advanced packaging manufacturers, makes cartons, leaflets, self-adhesive labels, and printed foils for blister packs for the pharmaceutical and healthcare markets. Contego Healthcare has a pan European focus with ten manufacturing sites in the UK, Italy, Germany, France and Ireland.

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Buyer(S) 1

Buyer

Essentra

Oxford, United Kingdom
Category Company
Founded 2005
Sector Plastics
Employees3,000
Revenue 316M GBP (2023)
DESCRIPTION

Essentra is a supplier of plastic and fibre products. Essentra was founded in 2005 and is based in Oxford, the United Kingdom.

DEAL STATS #
Overall 11 of 21
Sector (Packaging) 1 of 5
Type (Add-on Acquisition) 11 of 20
Country (United Kingdom) 4 of 4
Year (2013) 2 of 3
Size (of disclosed) 2 of 9
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2013-02-21 Ulinco Components AB

Askim, Sweden

Ulinco Components AB is a distributor of plastic protection and finishing products, hardware and specialist masking solutions in the Nordic region, and will be reported under the Component & Protection Solutions division.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2013-11-08 Dakota Packaging

Dublin, Ireland

Dakota Packaging Ltd. is a well-positioned supplier of printed, folding and litho-laminate cartons to the pharmaceutical and healthcare end-markets in Ireland.

Buy -

Seller(S) 1

SELLER

Platinum Equity

Beverly Hills, California, United States

Investor Investor Investor Investor Investor

Category Private Equity Firm
Founded 1995
PE ASSETS 48.0B USD
Size Mega
Type Sector Agnostic
DESCRIPTION
Platinum Equity's headquarters in Beverly Hills, California.
Platinum Equity's headquarters in Beverly Hills, California.

Platinum Equity is a private equity firm focused on acquiring divestitures of larger public companies primarily in North America and Europe. Historically, Platinum targeted technology/software related businesses, however, the firm has since branched out beyond tech and will consider acquisitions in a broad range of industries including chemicals, communications, logistics, healthcare, automotive, industrial products, and business services. Platinum Equity was formed in 1995 by Tom Gores and is based in Beverly Hills, California.

DEAL STATS #
Overall 23 of 78
Sector (Packaging) 1 of 6
Type (Add-on Acquisition) 13 of 39
Country (United Kingdom) 1 of 2
Year (2013) 1 of 5
Size (of disclosed) 14 of 21
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2012-10-02 Bway

Atlanta, Georgia, United States

Bway Corp. is a manufacturer and distributor of metal and rigid plastic containers that are used primarily for packaging of industrial and consumer products.

Buy $1.2B
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2013-05-02 CheckView

Chanhassen, Minnesota, United States

CheckView Corp. is a provider of physical and electronic security solutions exclusively for retail customers. The company markets fire and life safety alarm systems, intrusion alarm and access control systems, digital anti-theft video solutions, and central station monitoring services.

Buy -
Mergr

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