M&A Deal Summary

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 Highlights
  • 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.

M&A Deal Summary

Date 2020-07-07
Target Printstock Products
Sector Packaging
Buyer(s) Gourmet Foods of New Zealand
Deal Type Add-on Acquisition
Deal Value 2M NZD

Target

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(S) 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 STATS #
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