Sale of Schutte Bagclosures to Ecart Invest

Secteur(s)
Agro-alimentaire / Industrie
Type d'opération
Capital développement / Cession / MBO
Date
janvier 2010
Pays
Benelux

Client

Schutte Bagclosures is an innovative manufacturer of bag closing systems mainly in the food sector; market leader in Europe

Opération

Schutte Bagclosures was sold to Ecart Invest (PE), enabling international expansion and additional investments in product & business development

Parties prenantes

Equipe

  • Jan Willem Jonkman

    Jan Willem Jonkman

    Managing Partner Pays-Bas
  • Bart Jonkman

    Bart Jonkman

    Managing Partner Pays-Bas

What we did

Capitalmind actively supported Schutte Bagclosures as exclusive M&A advisor along the entire sell-side process: marketing materials, screening and selection of the relevant buyers through a competitive process, management of the due diligence and negotiation of terms and conditions of the deal plus ultimate closing of the transaction.

About the deal

Schutte Bagclosures is the European market leader in the production, sales and distribution of bag closures and binding materials. With its products, the company focuses on the bread and pastry industry, the food industry, industrial and agricultural markets and the plastic bags industry. With sales in more than 50 countries, Schutte has grown into a global player, known for its quality, reliability and optimal service.

Écart acquired a majority interest in Schutte in order to facilitate (international) growth, investments in product & business development and the buy-in of new management.