Eight Advisory supported Arjobex, a leader in the manufacturing of high-end sustainable synthetic paper under the brand name Polyart® for the printing, tag and label markets headquartered in France, with Buy Side Financial Due Diligence on the acquisition of 100% of the shares of MDV Group, a niche manufacturer and coater of specialty papers and films for the print, packaging, medical, sign/display, and building industries.
Arjobex is a portfolio company of Prudentia Capital, a private equity firm specializing in acquisitions in Germany and France.
MDV Group is headquartered in Germany. In addition to its two coating plants in Germany, MDV Group also produces HDPE specialty films at a plant in Liverpool, UK.
With the acquisition, Arjobex strengthens its position as a leading European manufacturer of specialty coating solutions for paper and films. Headquartered in France, the new company will generate total annual revenues of approximately €65 million and runs six production sites in Europe and the United States.