Sale of Jaffabox to Schumacher Packaging
Headpoint has advised Jaffabox, a leading independent cardboard packaging manufacturer, on its sale to Schumacher Packaging GmbH. The acquisition of Jaffabox is the first 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.
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. It 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.
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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