Carton Group has completed a successful refinancing and made strategic acquisitions in Italy, Germany, and the UK, reinforcing its position as a multinational player in the packaging industry.

Information on the Target

Carton Group, a prominent supplier of packaging solutions and a portfolio company of Waterland Private Equity, has achieved significant milestones with the recent refinancing and strategic acquisitions in Italy, Germany, and the UK. Founded as a Waterland portfolio entity in 2020, Carton Group has already made impactful acquisitions, starting with Joh. Leupold GmbH & Co. KG in Schwabach and Strobel AG in Roth. The latest developments mark vital steps in its growth strategy aimed at becoming a leading multinational entity in the packaging industry.

The company has successfully executed a group refinancing, laying a robust financial foundation to advance its ambitious plans and enhance its market positioning. The recent acquisitions of Europoligrafico in Italy, noble-pac in Düren, and Wrapology in London not only expand its portfolio but also reinforce its international market presence, marking a transformative phase for Carton Group.

Industry Overview in the Target’s Specific Country

The packaging industry in Europe, especially within Germany and Italy, is experiencing a significant transformation driven by increasing demand for sustainable practices and innovative designs. In recent years, European consumer

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Carton Group

invested in

Europoligrafico, noble-pac, Wrapology

in 2023

in a Corporate VC deal

Disclosed details

Revenue: $130M

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