M&A Deal Summary

Sulzer Acquires GEKA

On July 4, 2016, Sulzer acquired packaging company GEKA from 3i Private Equity for 260M EUR

Acquisition Highlights
  • This is Sulzer’s 1st transaction in the Packaging sector.
  • This is Sulzer’s 2nd largest (disclosed) transaction.
  • This is Sulzer’s 2nd transaction in Germany.

M&A Deal Summary
Date 2016-07-04
Target GEKA
Sector Packaging
Buyer(s) Sulzer
Sellers(s) 3i Private Equity
Deal Type Add-on Acquisition
Deal Value 260M EUR

Target

GEKA

Bechhofen, Germany
GEKA is a manufacturing of premium packaging and application systems for the cosmetics industry with a focus on brushes and applicators for mascara and eye liners.

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Buyer(S) 1

Buyer

Sulzer

Winterthur, Switzerland
Category Company
Founded 1834
Sector Energy Services and Equipment
Employees13,409
Revenue 3.3B CHF (2023)
DESCRIPTION

Sulzer is an entity which specializes in pumping solutions and rotating equipment maintenance and services as well as separation, reaction, and mixing technology. Sulzer serves clients worldwide through a network of more than 150 production and service sites and has a strong footprint in emerging markets. Sulzer was founded in 1834 and is based in Winterthur, Switzerland.

DEAL STATS #
Overall 24 of 26
Sector (Packaging) 1 of 1
Type (Add-on Acquisition) 18 of 20
Country (Germany) 2 of 2
Year (2016) 2 of 2
Size (of disclosed) 2 of 5
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2016-04-05 PC Cox Group

Newbury, United Kingdom

PC Cox Group Ltd. is a manufacturer of handheld sealant and adhesive dispensers for industrial applications. PC Cox sells quality manual, pneumatic, and cordless one- and two-component dispensers for industrial and construction applications under the brand name Cox.

Buy £16M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2017-12-21 JWC Environmental

Costa Mesa, California, United States

JWC Environmental LLC is a manufacturer of 200 highly engineered variations of grinding and solids separation equipment used primarily in wastewater treatment applications. JWC Environmental was founded in 1979 and is based in Costa Mesa, California.

Buy $215M

Seller(S) 1

SELLER

3i Private Equity

London, United Kingdom

Investor Investor Investor Investor Investor

Category Private Equity Firm
Founded 1945
PE ASSETS 16.7B GBP
Size Mega
Type Sector Agnostic
DESCRIPTION

3i Private Equity is the private equity arm of 3i Group, a publicly held, global investment firm focused on private equity and infrastructure investing. 3i Private Equity generally targets buyout and growth capital financings and looks for opportunities across Europe, North America, and Asia. The Firm's targeted transaction range is €100 to €500 million. Industries of interest include business services, healthcare, consumer, media, oil/gas & power, technology, and financial services. 3i Group was originally formed in 1945 and is based in London.

DEAL STATS #
Overall 173 of 194
Sector (Packaging) 1 of 2
Type (Add-on Acquisition) 51 of 61
Country (Germany) 10 of 12
Year (2016) 3 of 6
Size (of disclosed) 33 of 78
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2016-04-28 Mayborn Group

Northumberland, United Kingdom

Mayborn Group Ltd. is a manufacturer and distributor of baby and child products under the Tommee Tippee and Sangenic brands, which are market leaders in baby feeding, hygiene and related baby and toddler products.

Sell £135M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2016-07-06 BoConcept

Herning, Denmark

BoConcept is a furniture brand. BoConcept is an urban interior design brand in the affordable luxury segment. The furniture and accessory collections are sold through 254 brand franchise stores and 43 studios in over 60 countries. BoConcept was founded in 1952 and is based in Herning, Denmark.

Buy -
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