Arcola acquires Straatweg Group
Target: | Straatweg Group |
Seller: | Founders of Straatweg Group |
Advisory sell side: | Marktlink | M&A Advisory |
Buyer: | Arcola |
Advisory buy side: | FTI-BOLD| Financial Due Diligence JB Law | Legal Advisory Corporate M&A Atlas Fiscalisten | Tax Advisory YES Corporate Finance | Debt Advisory |
Involved: |
Arcola | Private Equity Management Rabobank | Financer |
Date announced: | 2023-10-16 |
Amsterdam-based private equity firm, Arcola, has successfully acquired a majority stake in Straatweg Group, a prominent Dutch manufacturer specializing in plastic packaging materials. With a strong presence in key sectors including food, healthcare, and sustainable energy, Straatweg Group has demonstrated its prowess in delivering innovative solutions tailored to the evolving needs of its diverse clientele.
Notably, Straatweg boasts a state-of-the-art production facility in Breukelen, catering to an international customer base, in addition to its existing manufacturing unit in China. This strategic move by Arcola is poised to capitalize on the promising outlook of the packaging industry. Global revenues in the flexible packaging sector reached approximately $150 billion in 2021, with projections indicating robust growth in the years to come, particularly fueled by a surge in demand for specialized packaging solutions in the food and healthcare segments.
Within this niche, Straatweg stands out as a trailblazer in sustainable innovation, an attribute increasingly recognized as a cornerstone of success in the industry, as affirmed by a statement from Arcola.
"Through astute utilization of technology, discerning acquisitions, and by reinforcing existing and forging new international strategic partnerships, we believe that Straatweg Group is well-positioned to surpass market growth expectations," stated Arcola.