M&A Deal Summary

Liquibox Acquires Maverick Engineering SA - Engineering and Flexible Operations

On May 31, 2016, Liquibox acquired machinery company Maverick Engineering SA - Engineering and Flexible Operations from Maverick Engineering SA

Acquisition Highlights
  • This is Liquibox’s 1st transaction in the Machinery sector.
  • This is Liquibox’s 1st transaction in South Korea.

M&A Deal Summary

Date 2016-05-31
Target Maverick Engineering SA - Engineering and Flexible Operations
Sector Machinery
Buyer(s) Liquibox
Sellers(s) Maverick Engineering SA
Deal Type Divestiture

Target

Maverick Engineering SA - Engineering and Flexible Operations

South Korea
Maverick Engineering SA - Engineering and Flexible Operations includes the manufacturer of bag-in-box equipment and specialty films and laminates for food and beverage markets.

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Buyer(S) 1

Buyer

Liquibox

Richmond, Virginia, United States

Category Company
Founded 1961
Sector Packaging
DESCRIPTION

Liquibox is a supplier of bag-in-box flexible packaging to the global dairy, beverage, and bulk food markets. Bag-in-box packaging is primarily used in the food service industry to package dairy mix for milkshakes and coffee drinks, fountain beverage syrup, and pumpable liquid foods such as food concentrates and sauces. Liquibox was formed in 1961 and is based in Richmond, Virginia.


DEAL STATS #
Overall 1 of 3
Sector (Machinery) 1 of 1
Type (Divestiture) 1 of 2
Country (South Korea) 1 of 1
Year (2016) 1 of 2
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2016-09-07 Conotainer SL

Madrid, Spain

Conotainer is a manufacturer of BAG-IN-BOX products specializing in the wine and beverage segments across mainland Europe.

Buy -

Seller(S) 1

SELLER

Maverick Engineering SA

Western Cape, South Africa

Category Company
Founded 1999
Sector Machinery
DESCRIPTION

Maverick Engineering SA is a manufacturer of bag-in-box bag and pouch making equipment for the international market with over 80 machines sold.


DEAL STATS #
Overall 1 of 1
Sector (Machinery) 1 of 1
Type (Divestiture) 1 of 1
Country (South Korea) 1 of 1
Year (2016) 1 of 1