Headpoint’s deal advisors have worked on a wide range of transactions during their careers. Our most recent case study is below:
Sale of Jaffabox to Schumacher Packaging
Headpoint have advised Jaffabox, a leading independent cardboard packaging manufacturer, on its sale to Schumacher Packaging GmbH.
Jaffabox, based in Birmingham, operates an integrated manufacturing plant with a corrugator line supplying board to standard and die-cut converting machines. A family business, it was established by Frank Amyes in 1978 and manufacturers over 40 million boxes annually. The shareholders have consistently invested in best-in-class manufacturing systems and have built an enviable reputation for innovation, high quality products and market-leading service levels.
Schumacher Packaging is head-quartered in Ebersdorf, Germany and is a third generation, family owned vertically-integrated cardboard packaging manufacturer with 15 plants operating in four countries and sales across all continental Europe. The company generated revenues of €627m in 2018 and has more than 3,300 employees. Recognised as a leader in productivity and technology in the packaging sector it was, for example, the first to use modern mass volume digital printing in Germany on an industrial scale. The acquisition of Jaffabox is the first acquisition by Schumacher in the UK, which is a country of increasing strategic importance and allows the company to service its customers in a critical new market.
How Headpoint Advisors made a difference?
Headpoint were appointed by the shareholders because of our experience of working successfully with family owned businesses, our approach to company sale projects and the deal track record of our team within the packaging sector.
Our objective was to find a partner, either in the UK or internationally, that was strategically aligned to Jaffabox and shared the same philosophy around innovation, quality and service standards. Whilst we had significant interest from strategic buyers, we ultimately concluded that Schumacher Packaging would be a great partner as there was a strong cultural fit and they were committed to significant investment across their group over the medium term.
This deal highlights Headpoint’s ability to work with high-quality family businesses in the manufacturing sector to access the right buyers internationally and conclude successful transactions, even during a time of political and economic uncertainty.
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We advise on valuations, company sales and acquisitions, management buy-outs and raising private equity, growth and debt capital.