Motion Equity Partners announces the signing of an exclusivity agreement with Latour Capital for the disposal of its shareholding in Omni-Pac Group
Funds advised by Motion Equity Partners and Arkéa Capital announces the signing of an exclusivity agreement with Latour Capital for the disposal of their shareholding in Omni-Pac Group. Under the impulsion of Motion Equity Partners, Omni-Pac Group has become a leading European player in the sustainable moulded fiber packaging industry, born from the reunion of 3 pioneer players (CDL, Omni-Pac et MFP). After consultation with employee representative bodies, the transaction would be subject to antitrust authorizations. Its closing is expected at the end of the first half of 2021.
Omni-Pac Group is at the forefront of the fast-growing sustainable packaging market, offering innovative and eco-friendly solutions in moulded fiber (a natural, recyclable and biodegradable material) for various markets such as:
- The food sector (eggs, fruit & vegetables, fish, meat, dairy products, etc.): in these segments, moulded fibre offers ideal features for the conditioning and preservation and the replacement of plastic materials;
- The medical sector, with innovative single-use solutions limiting the excessive use of detergents and the proliferation of nosocomial disease;
- The tailor-made segment, broad range of applications for diversified end-markets including industrial, e-commerce and horticulture packaging solutions.
Omni-Pac Group benefits from a state-of-the-art industrial organization ensuring a unique competitive advantage with three highly automated and complementary sites: Allaire in Brittany (France), Elsfleth in Germany and Scunthorpe in the United-Kingdom. Every year, over 100,000 tons of recycled paper and cardboard are recycled on these sites, thus contributing to give a second life to our paper waste. Historically positioned as a leader in the French, German and UK markets, the Group is also a key player in Benelux, the Nordic Countries and in Southern Europe. It has recently initiated very promising developments in Export markets especially in the Middle East, Africa and in North and South America.
With its 600 employees led by Renaud Malarre (CEO since 2013), the Group generates over €110m in Sales.
Funds advised by Motion Equity Partners and Arkéa Capital realised the acquisition of CDL in 2014 (initial platform, generating about €30m in Sales at entry) alongside its Management team, with the ambition to back an international development project. The Motion team has therefore supported CDL in the implementation of a solid growth plan, via both organic and external growth. The Group realized the acquisition of Omni-Pac in Germany in 2016, followed by MFP in the UK in 2020, allowing to diversify the offer, reinforce the distribution and the industrial footprint across Europe. From these 3 busineess was created “Omni-Pac Group”, a pan-European player in the moulded fiber packaging. Motion Equity Partners also backed the Group in its many innovation initiatives and the deployment of an ambitious ESG roadmap, in order to develop tomorrow’s packaging and actively promotes circular economy as well as environmental protection.
Renaud Malarre, CEO of the Group stated: « Motion Equity Partners understood the keys to CDL’s development from day one and established an honest and trustworthy relationship with our teams. With the acquisitions of Omni-Pac in Germany and MFP in the UK, two build-ups completed with their full support, we have transformed a French SME into a European leader We are very grateful to the Motion team for its decisive contribution to the Group’s development over the recent years. ».
Cédric Rays, Partner at Motion Equity Partners, added « Since our investment, the Group has grown from a French SME in a niche market into a burgeoning pan-European packaging Group. The Group is today a driving force of the fast-changing packaging market. We are very proud to have supported this transformation under the impulsion of Renaud Malarre. Organic development is at the forefront of the Group plans as well as developing many huge opportunities for growth in Export markets in the Middle East, also North and South America. We are convinced that Latour Capital would be an ideal partner to support Omni-Pac in its next development phase. ».