Proventis Partners advised Saropack

Zurich, April 24, 2023 – Saropack Ltd. has acquired the packaging film company Zeisberger Süd-Folie GmbH at Asperg near Stuttgart. The two companies will closely cooperate in the future. Zeisberger’s film processing is combined with Saropack’s sales organization.

The Transaction

With a modern infrastructure and high-performance film processing in the food and non-food sector at the Asperg site, the company Zeisberger Süd-Folie GmbH ideally complements Saropack AG, which is now the market leader in the solution-oriented sale of film packaging systems in the DACH region.

Both companies are pursuing a clear sustainability strategy in the field of flexible packaging, which is to be supplemented and further strengthened by the combination. For the customers of both companies, this means in concrete terms: Zeisberger customers benefit from an expanded range of films, from comprehensive services and complete know-how for film packaging machines. For Saropack customers, the in-house film production brings additional know-how and maximum scheduling flexibility in the wide range of flowpack packaging films. Saropack has acquired all shares in Zeisberger. The joint solution provides for the organizations to continue operations unchanged at all locations. The existing management of Zeisberger Süd-Folie will remain in place and all employees will continue to be employed.

Proventis Partners’ role and services

As the exclusive M&A advisor, Proventis Partners advised Saropack AG on this M&A transaction. In addition to the functional M&A experience, the packaging know-how in the field of flexible packaging, packaging machines, applications and sustainability as well as the experienced handling of medium-sized entrepreneurial families played an important role.

The advisory services included the screening and selection of potential acquisition opportunities for film slitting companies throughout Europe, numerous confidential discussions and negotiations with the entrepreneurial families, the coordination of the due diligence and the structuring and negotiation of the deal conditions of the share deal. The Proventis Partners transaction team consisted of Dr. Christoph Studinka (Partner, Packaging Sector), Artur Maibach (Associate, Zurich) and Jonas Hesseldieck (Analyst, Zurich).

About Saropack Ltd.

The privately held Saropack AG (headquarters in Rorschach on Lake Constance) pursues an integrative approach by combining film packaging machines, film consumables, sales know-how and comprehensive technical service. For further information please visit www.saropack.eu

About Zeisberger Süd-Folie

Founded in 1967, Zeisberger Süd-Folie GmbH is a leading provider in the field of flexible packaging in Germany and the neighboring markets, operates state-of-the-art machinery and has recorded strong growth in recent years. For further information please visit www.zeisberger.com

About Proventis Partners

Proventis Partners is a partner-managed M&A consultancy whose clients primarily include medium-sized family businesses, group subsidiaries and private equity funds. With 40 M&A advisors, Proventis Partners is one of the largest independent M&A advisors in the German-speaking region and can look back on more than 20 years of M&A experience and over 400 completed transactions. The M&A consultants with offices in Düsseldorf, Hamburg, Munich, and Zurich are active in the industrial, chemical, business services, consumer & retail, healthcare, and IT & media sectors. The exclusive membership in the Mergers Alliance – an international partnership of leading M&A specialists – enables Proventis Partners to support clients in 30 countries in the most important markets worldwide. The members of the Mergers Alliance, with their more than 250 M&A professionals offer Proventis Partners and thus its clients unique access to the local markets in Europe, North America, Latin America, Asia, and Africa.