Add-on Acquisition • Packaging

Gourmet Foods of New Zealand Acquires Printstock Products

On July 7, 2020, Gourmet Foods of New Zealand acquired packaging company Printstock Products for 2M NZD

Acquisition Context

This is Gourmet Foods of New Zealand’s 1st transaction in the Packaging sector.
This is Gourmet Foods of New Zealand’s largest (disclosed) transaction.
This is Gourmet Foods of New Zealand’s 1st transaction in New Zealand.

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M&A Deal Summary
Date	July 7, 2020
Target	Printstock Products
Sector	Packaging
Buyer(s)	Gourmet Foods of New Zealand
Deal Type	Add-on Acquisition
Deal Value	2M NZD

Target Company

Printstock Products

Onekawa, New Zealand

Printstock Products Ltd. is a provider of packaging solutions made from paper, aluminum foil and packaging film. Its full range of customized services includes strategy, creative and production, with in-house capabilities for multi-colored flexographic printing, laminating and embossing. Printstock Products is based in Onekawa, New Zealand.

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Buyer Overview 1

Buyer

Gourmet Foods of New Zealand

Dunedin, New Zealand

Category	Company
Sector	Food

DESCRIPTION

Gourmet Foods of New Zealand Ltd. is a manufacturer and exporter of New Zealand dairy products. Gourmet Foods distributes its products under distinct brands including Pats Pantry, Ponsonby Pies and Gourmet Patisserie which are marketed throughout New Zealand in major grocery stores, convenience stores and many local cafes.

Deal Context for Buyer	#
Overall	1 of 1
Sector: Packaging	1 of 1
Type: Add-on Acquisition	1 of 1
Country: New Zealand	1 of 1
Year: 2020	1 of 1
Size (of disclosed)	1 of 1

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