Deal Details
Abriso-Jiffy Sold to Quva
Summary
Abriso-Jiffy NV (“Abriso-Jiffy” or the “Company”), a portfolio company of Bencis Capital Partners BV (“Bencis Capital Partners”), was recently acquired by Quva NV (“Quva”) along with the existing co-shareholder Jan Dejonghe, CEO of Abriso-Jiffy. Terms of the transaction were not disclosed.
Baird served as a financial advisor to Bencis Capital Partners BV on this transaction.
About
Abriso-Jiffy is a leading player in the protective packaging and building insulation sectors across Europe. The Company’s products are used across the automotive, electronics, healthcare, food and construction sectors, as well as in the e-commerce market. Abriso-Jiffy is headquartered in Belgium and has 15 production sites in 7 European countries. Founded in 1985, the Company generates more than €220 million revenue.Bencis Capital Partners is an independent investor that supports owners, entrepreneurs and management teams in realizing their growth ambitions, both organically as well as via acquisitions. Since its inception in 1999, Bencis Capital Partners has invested in 62 platform companies and completed over 190 add-on acquisitions for these platforms. The current portfolio consists of 24 companies with a combined turnover over €1.9 billion and that together employ approximately 9,600 employees.
Quva is a Belgium based family office managing the investments of the Pascal Vanhalst family.
CONTACT US TO LEARN MORE
- Date
- July 2021
- Company
- Abriso-Jiffy NV
- Transaction
- M&A - Sellside
- Sectors
- Industrial
- Verticals
-
Packaging & Containers
- Target Geography
- Europe
- Acquiror Geography
- Europe
Share