Abris Capital sells Dot2Dot to Van Genechten Packaging

Frank­furt (DE)/ Vienna (AT)/ Turn­hout (BEL)/ Wars­zawa (POL) — Dot2Dot, a leading Polish manu­fac­tu­rer of premium folding cartons and port­fo­lio company of Abris Capi­tal Part­ners (Warsaw), is to become part of the Van Genech­ten Pack­a­ging Group.
The pack­a­ging specia­list from Belgium is thus driving forward conso­li­da­tion in the pack­a­ging sector.
— MP Corpo­rate Finance, leading inter­na­tio­nal M&A advi­sor for the Euro­pean indus­trial sector, exclu­si­vely advi­sed Abris Capi­tal Part­ners on the sale of Dot2Dot.
Dot2Dot, head­quar­te­red in Danz­ing and with an addi­tio­nal produc­tion site in Warsaw, is regarded as a leading provi­der of inno­va­tive and sustainable folding carton pack­a­ging in the premium segment in its home market of Poland.
With its outstan­ding inno­va­tive strength in design and produc­tion as well as the highest ESG stan­dards, Dot2Dot serves a diverse custo­mer base that includes multi­na­tio­nal blue-chip manu­fac­tu­r­ers as well as compa­nies from the beauty, perso­nal care, food and non-food sectors.
Since 2015, Dot2Dot has been owned by the inter­na­tio­nal private equity firm Abris Capi­tal Part­ners, which has trans­for­med the company into one of the big play­ers in the pack­a­ging sector through a targe­ted buy & build strategy.
With around 350 employees and annual sales of EUR 55 million, Dot2Dot is now the largest inde­pen­dent premium folding carton manu­fac­tu­rer in Central and Eastern Europe. Stra­te­gic merger of two indus­try leaders With the now successfully reali­zed exit, Abris Capi­tal Part­ners is trans­fer­ring its stake to Van Genech­ten Pack­a­ging from Belgium, which is thus signi­fi­cantly expan­ding its alre­ady leading posi­tion in the fast-growing and highly attrac­tive Eastern Euro­pean market.
With an annual turno­ver of around EUR 450 million, Van Genech­ten is one of the largest inde­pen­dent pack­a­ging manu­fac­tu­r­ers in Europe, focu­sing on so-called FMCG pack­a­ging (Fast Moving Consu­mer Goods).
In addi­tion to the company head­quar­ters in Turn­hout, Belgium, the pack­a­ging specia­list opera­tes twelve folding carton sites, an extru­sion site and a design and produc­tion center for refe­rence cartons and is ther­e­fore active in nine count­ries world­wide. Ongo­ing conso­li­da­tion as a clear driver in the inter­na­tio­nal pack­a­ging market For MP Corpo­rate Finance, the merger of the two Euro­pean play­ers marks the third successfully comple­ted tran­sac­tion in the fiber-based pack­a­ging sector within ten months and the 81st accom­pa­nied tran­sac­tion in the pack­a­ging sector. “The sale of Dot2Dot to Van Genech­ten is another exam­ple of how the pack­a­ging sector is conti­nuing to conso­li­date at a Euro­pean level. The growing attrac­ti­ve­ness of the Eastern Euro­pean market for many pack­a­ging play­ers is also noti­ce­ably driving M&A acti­vity and under­lines the trend towards near­sho­ring, which has been brought to the fore by Covid,” says
Alex­an­der Kubo, Mana­ging Part­ner at MP Corpo­rate Finance. Edgar Koles­nik, Part­ner at Abris Capi­tal Part­ners, says: “In the search for a new growth part­ner for Dot2Dot, MP Corpo­rate Finance has once again demons­tra­ted its exten­sive indus­try exper­tise. The MP team mana­ged the sales process excel­lently, demons­t­ra­ting a deep under­stan­ding of market dyna­mics and inves­tors. Parti­cu­larly in such a highly compe­ti­tive inter­na­tio­nal auction, stra­te­gic insight is crucial in addi­tion to commit­ment and professionalism.”
In addi­tion to Dot2Dot, MP Corpo­rate Finance recently also successfully reali­zed the sale of the inter­na­tio­nal listed Aluflex­pack Group and the sale of the Italian MS Pack­a­ging to Hino­josa from Spain. About MP Corpo­rate Finance MP Corpo­rate Finance is the leading inter­na­tio­nal M&A consul­tancy specia­li­zing in the indus­trial sector.
As an expe­ri­en­ced part­ner for medium-sized compa­nies and manage­ment teams, private equity decis­­ion-makers as well as entre­pre­neu­rial confi­dants, MP hand­les complex tran­sac­tions on both the sell and buy side and provi­des support in the context of capi­tal procu­re­ment, buy & build stra­te­gies, carve-outs and throug­hout the entire private equity lifecycle.
MP was foun­ded in Vienna in the 1990s by Roman Göd and Gregor Nischer as the first Euro­pean M&A firm with a sector-focu­­sed advi­sory approach.
Today, the company employs more than 75 expe­ri­en­ced hands-on experts at five loca­ti­ons world­wide — in Vienna, Frank­furt, London, Istan­bul and Chicago — making it the largest indus­trial M&A team in Europe.
With its unique sector focus, MP has successfully advi­sed on more than 700 indus­trial tran­sac­tions for invest­ment compa­nies, SMEs and corpo­ra­ti­ons to date.
www.mp-corporatefinance.com