CFIE assisted in the sale of an Italian blown film manufacturing company to an industrial group operating in similar sector. The plastic film manufacturing company focuses on blown films for multiple industries. The CFIE M&A team helped the seller in the business sale to a large European buyer. Contact us to know more details on the business sale of a plastic film company below.
The strategy of the European buyer is to grow its market presence in the plastic industry. The buyer is an industrial group operating in similar business as the target with a plan to widen the range of products offered. The buyer plans to realize multiple synergies out of the acquisition.
The objective of the buyer is to create a bigger group, able to operate more actively in the global market.
The target is a well-established plastic manufacturer with a stable market presence in Italy. The total sales of the target exceeded 12 million EUR, with an above-average EBITDA margin at 12% level. The target was located in the north of Italy, the advisor was Italian CFIE adviser Carlo Serroni. The advisor was in charge of the transaction process and realization of the sale.
Feel free to contact us for further details about this business sale in Italy. If you are looking for acquisitions or business sales of plastic film and packaging companies in other countries than Italy, it is also good to contact us. We know other available plastic film businesses for sale in Europe or would be able to find the ones that suit you.