M&A Deal Summary

Teufelberger and Sigma Plastics Group Acquire Maillis Plastics Solutions

On April 4, 2022, Teufelberger and Sigma Plastics Group acquired packaging company Maillis Plastics Solutions from M.J. Maillis Group

Acquisition Highlights
  • This is Teufelberger’s 1st and Sigma Plastics Group’s 1st transaction in the Packaging sector.
  • This is Teufelberger’s 1st and Sigma Plastics Group’s 1st transaction in Poland.

M&A Deal Summary

Date 2022-04-04
Target Maillis Plastics Solutions
Sector Packaging
Buyer(s) Teufelberger
Sigma Plastics Group
Sellers(s) M.J. Maillis Group
Deal Type Divestiture
Advisor(s) Harris Williams (Financial)

Target

Maillis Plastics Solutions

Karczew, Poland
Maillis Plastics Solutions is a full-range supplier of leading quality products that are critical components for safe product delivery, including load security and pallet stability. Its products are used by a broad range of international blue-chip customers across Europe. Maillis Plastics Solutions is headquartered in Karczew, Poland.

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Buyer(S) 2

Buyer

Teufelberger

Wels, Austria

Category Company
Founded 1790
Sector Manufacturing
DESCRIPTION

Teufelberger is a manufacturer and producer of fiber ropes, steel cables, and strapping. The product portfolio includes steel ropes for ropeways, cranes, and forestry applications; synthetic fiber ropes for applications such as sailing, personal fall protection, tree care, and industrial applications; as well as high-performance strapping. Teufelberger was founded in 1790 and is based in Wels, Austria.


DEAL STATS #
Overall 1 of 1
Sector: Packaging M&A 1 of 1
Type: Divestiture M&A Deals 1 of 1
Country: Poland M&A 1 of 1
Year: 2022 M&A 1 of 1
Buyer

Sigma Plastics Group

Pompano Beach, Florida, United States

Category Company
Founded 1978
Sector Plastics
DESCRIPTION
Sigma Plastics' corporate headquarters in Pompano Beach, Florida.
Sigma Plastics' corporate headquarters in Pompano Beach, Florida.

Sigma Plastics Group manufactures a variety of flexible packaging products servicing the industrial, agricultural, food, medical, retail, hygienic, and converter film markets. Sigma Plastics Group was established in 1978 and is based in Pompano Beach, Florida.


DEAL STATS #
Overall 3 of 3
Sector: Packaging M&A 1 of 1
Type: Divestiture M&A Deals 1 of 1
Country: Poland M&A 1 of 1
Year: 2022 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2009-07-07 FlexSol Packaging

Pompano Beach, Florida, United States

Manufacturer of extruded plastic films and bags that serve the food and beverage, industrial, packaging and health care markets. Capital Investors invested subordinated debt and equity in the leveraged recapitalization of FlexSol to provide liquidity to founders and growth capital.

Buy -

Seller(S) 1

SELLER

M.J. Maillis Group

Athens, Greece

Category Company
Founded 1968
Sector Packaging
Employees1,500
Revenue 260M EUR (2014)
DESCRIPTION

M. J. Maillis Group is a producer of end-of-line packaging solutions, providing complete, high technology and cost effective packaging solutions (one-stop-shop) that combine packaging equipment, packaging materials, service and support. The company has approximately 1,500 employees and offices located in 18 countries throughout Europe, North America and Asia. The Group's customer base extends to the food, beverage, steel, construction, timber and cosmetics industries. The M.J. Maillis Group is the exclusive and preferred supplier of well-known companies such as US Steel, Nestlé, Coca-Cola, P&G, Henkel, Pepsi, Mars, Lafarge, ArcelorMittal and Wal-Mart. M.J. Maillis Group was founded in 1968 and is based in Athens, Greece.


DEAL STATS #
Overall 2 of 2
Sector: Packaging M&A 2 of 2
Type: Divestiture M&A Deals 2 of 2
Country: Poland M&A 1 of 1
Year: 2022 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2018-12-21 Wulftec International

Ayer’s Cliff, Quebec, Canada

Wulftec is a provider of end-of-line packaging automation solutions in North America. Wulftec leverages decades of engineering expertise and manufacturing know-how to deliver highly customized and scalable solutions that address the most complex end-of-line packaging challenges across a diversified customer base. Founded in 1990, Wulftec is located in Ayer’s Cliff, Quebec.

Sell -