M&A Deal Summary

IMA Group Acquires Nova Packaging Systems

On September 30, 2004, IMA Group acquired packaging company Nova Packaging Systems from Kinderhook Industries

Acquisition Highlights
  • This is IMA Group’s 1st transaction in the Packaging sector.
  • This is IMA Group’s 1st transaction in the United States.
  • This is IMA Group’s 1st transaction in Massachusetts.

M&A Deal Summary

Date 2004-09-30
Target Nova Packaging Systems
Sector Packaging
Buyer(s) IMA Group
Sellers(s) Kinderhook Industries
Deal Type Add-on Acquisition

Target

Nova Packaging Systems

Leominster, Massachusetts, United States
Nova Packaging Systems is a pharmaceutical packaging machinery industry. Nova designs, manufactures and integrates a wide variety of equipment for automated liquid and tablet filling systems.

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Buyer(S) 1

Buyer

IMA Group

Ozzano dell'Emilia, Italy

Category Company
Founded 1961
Sector Machinery
Employees6,121
Revenue 1.6B EUR (2019)
DESCRIPTION

IMA Group is a designer and manufacturer of automatic machines for the processing and packaging of pharmaceuticals, cosmetics, food, tea, and coffee. IMA Group was founded in 1961 and is based in Ozzano dell'Emilia, Italy.


DEAL STATS #
Overall 2 of 8
Sector (Packaging) 1 of 2
Type (Add-on Acquisition) 2 of 5
State (Massachusetts) 1 of 2
Country (United States) 1 of 2
Year (2004) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2000-01-11 Kilian

KÖln, Germany

Kilian GmbH & Co. GmbH is a producer of tablet press machines for the pharmaceutical industry.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2006-12-20 Precision Gears Pvt

Mumbai, India

Precision Gears Pvt Ltd. specialises in the production of blister and cartoning machines for emerging markets.

Buy -

Seller(S) 1

SELLER

Kinderhook Industries

New York, New York, United States

Investor Investor Investor Investor Investor


Category Private Equity Firm
Founded 2003
PE ASSETS 8.5B USD
Size Mega
Type Sector Agnostic
DESCRIPTION

Kinderhook Industries targets control investments in companies valued between $25 to $250 million. Prospective transaction situations include acquiring non-core divisions of public companies, existing small capitalization companies lacking institutional support, management buyouts of entrepreneurial-owned businesses, and troubled companies. Sectors of interest include consumer products and services, media, packaging, industrial products, communications, and business services. Kinderhook Industries was formed in 2003 and is based in New York, New York.


DEAL STATS #
Overall 1 of 42
Sector (Packaging) 1 of 1
Type (Add-on Acquisition) 1 of 34
State (Massachusetts) 1 of 2
Country (United States) 1 of 41
Year (2004) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2003-10-05 VCST Industrial Products N.V.

St.-Truiden, Belgium

VCST Industrial Products N.V. is a designer and producer of precision gears for engines and transmissions, transmission shafts and brake system components, for cars, trucks as well as off-road vehicles.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2005-05-16 Life Line Screening

Austin, Texas, United States

Life Line Screening is a provider of mobile health screenings. The Company's mission is to make people aware of the existence of an undetected health problem and to encourage them to seek follow up care with their own personal physician. Life Line's preventative health screenings assess a person's risk for Stroke and Carotid Vascular Disease, Abdominal Aortic Aneurysm, Peripheral Arterial Disease and Osteoporosis. Life Line Screening was founded in 1993 and is based in Austin, Texas.

Buy -