M&A Deal Summary

Genera Acquires Zume

On September 13, 2023, Genera acquired environmental company Zume

Acquisition Highlights
  • This is Genera’s 1st transaction in the Environmental sector.
  • This is Genera’s 2nd transaction in the United States.
  • This is Genera’s 1st transaction in California.

M&A Deal Summary

Date 2023-09-13
Target Zume
Sector Environmental
Buyer(s) Genera
Deal Type Add-on Acquisition

Target

Zume

Camarillo, California, United States
Zume focused on reducing the world’s plastic waste with economically viable substitutes for plastic packaging. Zume was formed in 2018 and is based in Camarillo, California.

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Buyer(S) 1

Buyer

Genera

Vonore, Tennessee, United States

Category Company
Founded 2008
Sector Packaging
DESCRIPTION

Genera is a manufacturer of non-wood agricultural pulp and molded fiber products. The Company operates an integrated non-wood pulp plant and molded fiber manufacturing facility capable of producing 36,000 tons of agricultural pulp annually. Genera was founded in 2008 and is based in Vonore, Tennessee.


DEAL STATS #
Overall 2 of 2
Sector (Environmental) 1 of 1
Type (Add-on Acquisition) 2 of 2
State (California) 1 of 1
Country (United States) 2 of 2
Year (2023) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2022-07-12 MxG Fiber

The Woodlands, Texas, United States

MxG Fiber is focused on supplying sustainable packaging to both the North American and European markets to meet the growing demand created by consumers and single-use plastic bans. The company is vertically integrated all the way through our advanced pulping and molding technologies. This provides cost-competitive and highly functional compostable molded fiber packaging to replace single-use plastic packaging. Growing its own raw material means your packaging is fully traceable, reliable, safe, and free of PFA chemicals. MxG Fiber grows perennial fiber crops on marginal land to supply its manufacturing facilities. The company's primary perennial crop, Miscanthus, has a large growing region in the U.S. and Europe that provides a stable supply of premium fiber for more than 20 years. MxG Fiber is based in The Woodlands, Texas.

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