Castle Square Corporate Finance has advised Collcap Group on its merger with international packaging provider Quadpack Industries SA to create a pan European packaging group with combined annual revenues of around €90m. The combined group will retain the Quadpack name and will be a leading presence in Europe for the manufacture and supply of packaging solutions to the health and beauty industry.
Castle Square were retained by the shareholders of Collcap to undertake a focussed review of Quadpack. The work included a review of the strategic business plan of Quadpack, and how Collcap will integrate into this strategy. The report includes a review and critical commentary on the comparative valuation of both business which formed a critical element of the deal negotiations.
Steve Bell, Director of Castle Square said,
“This report follows on from previous work we have completed for the shareholders of Collcap and reflects our strategy of developing long term relationships with all our clients. We look forward to building on our long-term relationship and supporting this dynamic group.”
Quadpack Industries has an overall growth strategy to prepare the group for an Initial Public Offering within the next two years. It is listed on the Marche Libre, part of the EuroNext Stock Exchange as a preliminary step on this pathway.