M&A Deal Summary

Sumitomo Rubber Industries Acquires Lonstroff AG

On January 8, 2015, Sumitomo Rubber Industries acquired packaging company Lonstroff AG from BV Holding AG for 44M CHF

Acquisition Highlights
  • This is Sumitomo Rubber Industries’ 1st transaction in the Packaging sector.
  • This is Sumitomo Rubber Industries’ 4th largest (disclosed) transaction.
  • This is Sumitomo Rubber Industries’ 1st transaction in Switzerland.

M&A Deal Summary
Date 2015-01-08
Target Lonstroff AG
Sector Packaging
Buyer(s) Sumitomo Rubber Industries
Sellers(s) BV Holding AG
Deal Type Add-on Acquisition
Deal Value 44M CHF

Target

Lonstroff AG

Hallwil, Switzerland
Lonstroff AG is a manufacturer/seller of medical packaging materials and medical rubber parts, primarily selling to major European pharmaceutical companies.

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Buyer(S) 1

Buyer

Sumitomo Rubber Industries

Kobe, Japan
Category Company
Founded 1909
Sector Automotive
Employees39,975
Revenue 1.18T JPY (2023)
DESCRIPTION

Sumitomo Rubber Industries is a Japan’s first modern rubber factory engages in production of bicycle tires and tubes and solid rickshaw tires. The company operates through three segments: Tires, Sports, and Industrial and Other Products. Sumitomo Rubber Industries was founded in 1909 and is based in Kobe, Japan.

DEAL STATS #
Overall 2 of 5
Sector (Packaging) 1 of 1
Type (Add-on Acquisition) 1 of 3
Country (Switzerland) 1 of 1
Year (2015) 1 of 1
Size (of disclosed) 4 of 4
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2013-05-29 Apollo Tyres South Africa

Durban, South Africa

Apollo Tyres South Africa (Pty) Ltd. engages in production and sale of tires for automobiles, light trucks, trucks and buses in South Africa and internationally.

Buy $60M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2016-12-27 Sports Direct - Dunlop Business

United Kingdom

Sports Direct - Dunlop Business is a sportswear brand known for its green flash tennis shoes. Dunlop Business currently operates in the UK, Europe, Asia (except Japan, Korea and Taiwan), USA and Canada.

Buy $138M

Seller(S) 1

SELLER

BV Holding AG

Investor

Category Private Equity Firm
Founded 1997
Size Small
Type Sector Agnostic
DESCRIPTION

BV Holding AG is a publicly traded investment group focused on growth capital financings and buyouts of Swiss-based companies. The Firm looks to commit 3 to 30 million CHF in businesses generating 20 to 150 million CHF of revenue. Sectors of interest include IT, telecom, medical technology, and industrials. BV Holding AG was established in 1997 and is headquartered in Gümligen, Switzerland.

DEAL STATS #
Overall 1 of 1
Sector (Packaging) 1 of 1
Type (Add-on Acquisition) 1 of 1
Country (Switzerland) 1 of 1
Year (2015) 1 of 1
Size (of disclosed) 1 of 1
Mergr

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