M&A Deal Summary

ProMach Acquires FLtècnics S.L.

On September 17, 2018, ProMach acquired packaging company FLtècnics S.L.

Acquisition Highlights
  • This is ProMach’s 2nd transaction in the Packaging sector.
  • This is ProMach’s 1st transaction in Spain.

M&A Deal Summary

Date 2018-09-17
Target FLtècnics S.L.
Sector Packaging
Buyer(s) ProMach
Deal Type Add-on Acquisition

Target

FLtècnics S.L.

Girona, Spain
FLtècnics manufactures servo-controlled carrousel and walking-beam horizontal form-fill-seal machines capable of packaging 400 pouches per minute for the food, liquid, cosmetics, chemical, and pharmaceutical industries. Formats include flat pouches, stand up pouches, spouted pouches, zipper pouches, Velcro pouches, three side seal pouches, and more.

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Buyer(S) 1

Buyer

ProMach

Covington, Kentucky, United States

Category Company
Founded 1998
Sector Packaging
Revenue 213M USD (2014)
DESCRIPTION

ProMach is a provider of complete packaging machinery solutions, engineering and integration services, and related aftermarket products and services. ProMach brands operate across the entire packaging spectrum: filling and capping, flexibles, pharma, product handling, labeling and coding, and end of line. ProMach also provides Performance Services including integrated solutions, design/build, engineering services, and productivity software to optimize packaging line design and deliver maximum uptime. ProMach was founded in 1998 and is based in Covington, Kentucky.


DEAL STATS #
Overall 12 of 32
Sector: Packaging M&A 2 of 11
Type: Add-on Acquisition M&A Deals 12 of 32
Country: Spain M&A 1 of 1
Year: 2018 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2016-08-02 Zarpac

Oakville, Ontario, Canada

Zarpac, Inc. is a provider of packaging line engineering, integration, and productivity services and solutions. Zarpac offers full-spectrum support for the modification and improvement of existing production processes and the development and design of new production processes and custom proprietary machinery and systems.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2019-06-24 STOCK America

Garner, North Carolina, United States

STOCK America is a provider of integrated turnkey process sterilization solutions. STOCK can handle a broad range of container types including cans, glass jars, plastic bottles, pouches, and trays. Additionally, STOCK offers process validation and thermal process authority services, as well as in-house laboratory resources and testing services for customers needing to assess product quality with various types of sterilization technologies.

Buy -