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Buyer for plastic foodservice company in Southern Europe

Company to buy

• Size: medium-sized business preferably
• Revenue: 2-20 million 
• Preferred location: Southern Europe, Portugal or Spain preferably
• Reason for acquisition: The buyer company has developed a new, more environmentally friendly plastic technology and the buyer can provide raw material to use as input
• #CFIE PLB094

Overview of this buyer of plastic foodservice manufacturers

A globally present group of companies, with activities in environmentally responsible plastic production, are looking for acquisition targets. The buyer company is operating in multiple industries, including the foodservice, automobile sales, and aircraft industry. it would be ideal if the target manufactured plastic products for airline catering companies. The buyer is looking mainly for targets with a good track record and client portfolio.

Profile (strategy) of this buyer of foodservice product manufacturers in Southern Europe

The buyer is a large company operating in multiple industries, including plastic manufacturing. The company is highly oriented at research and development, and during the last years, it has invested a lot of funds into the development of eco-friendly plastic material for packaging and other uses.

The company is specialized in the manufacture and sales of multiple types of plastic packaging products, such as

• foodservice products
• catering packaging
• biodegradable tableware
• seaweed based packaging
• edible packaging

The buyer company is based in Northern Europe and is backed by private equity – funds for the acquisition is not a problem. The company is ready to invest from 1 to 5 million EUR

The buyer company is continually expanding and broadening its operation range in Europe. That is the reason the owners are currently looking at acquisition options throughout Europe. The buyer company is currently targeting and evaluating multiple acquisition opportunities in the industry.

Activities and products of a suitable target

The company is looking to buy a plastic foodservice manufacturer or a distributor, based preferably in Southern Europe. If the company was based in Spain or Portugal, it would be preferred by the buyer.

The products of the target would be food trays or any other disposable products for the hospitality industry. The company can also operate in airline foodservice industry (manufacturing packaging for airline food). The buyer company has the raw material (environmentally friendly plastic material) which they would use in the target company.

It would be good if the target had its own packaging designs and manufacturing capabilities, however, also distributors with a wide customer network will be of interest. In the case of a wholesaler/distributor, the target company should ideally have an interesting market share in its home country.

The target should have at least 2 million in revenue to be interesting to the buyer.

Highlights of this buyer for plastic companies in Europe

• The buyer is a large group of companies operating in multiple industries
• The buyer is operating in multiple countries of Europe
• The buyer is able to invest 1 to 5 million EUR
• The buyer is willing to start the acquisition process right after finding a suiting target

Information about this buyer of plastic foodservice product manufacturers

Feel free to contact us for more information regarding this plastic foodservice companies’ buyer. We have experts in the plastic industry and we can help you find buyers or sellers. If you are interested specifically in the plastics sector, visit our section plastic companies for sale or buyers of plastic companies.

Note: CFIE only works with formal companies. We do get a lot of requests and it is difficult to follow up on all inquiries from visitors to our website. For each company we assess the likelihood of a future transaction. We only get back to you if we see a realistic opportunity to do a future acquisition or business sale. In order to increase your chances of receiving a reply as an individual please explain as much as possible about your personal background strategy and fit with the target. There is also a possibility that your details will be kept on file and we will get back to you once there is an opportunity to do a transaction. CFIE can’t guarantee you will receive an answer to your request.