Advised on sale of companyMaterials, Chemicals & Mining
acquired a majority starke in
Mayer-Kuvert-network GmbH ("Mayer-Kuvert-network") has expanded its group of shareholders in the course of a capital increase to include a German family office, which will also become the new majority shareholder.
Since the beginning of 2017, the company has been undergoing a process of restructuring and realignment. The new majority shareholder is investing in the expansion of the sites and plans to support Mayer-Kuvert-network in market development and the strengthening of new, growth-oriented products in the field of dispatch packaging (light packaging).
Founded in 1877, the family-owned company Mayer-Kuvert-network, based in Heilbronn, Baden-Wuerttemberg, is the largest European manufacturer of envelopes, with over 35 companies in 18 countries.
The entire Group produces around 20 billion envelopes annually and generates sales of around EUR 220 million. Mayer-Kuvert-network employs around 1,750 people throughout Europe. The Company is regarded in the industry as a pioneer in the environmentally friendly production of envelopes. In addition to envelopes and dispatch packaging, the product range also includes paper carrier bags and individual advertising envelopes.
IMAP M&A Consultants AG initiated the transaction on behalf of the shareholders of Mayer-Kuvert-network GmbH and handled it in all its phases.