Clearwater International acted as sole financial adviser to palero capital on the sale of 100% of the share capital of cenadruck GmbH to BEUCKE & SÖHNE GmbH & Co. KG.
cenadruck GmbH is a producer of flexible packaging solutions for a variety of renowned European food corporations. palero previously acquired cenadruck from Mayr-Melnhof, Austria, in an asset deal.
BEUCKE & SÖHNE GmbH & Co. KG is a leading flexible packaging specialist for the tobacco, food and beverages industry. Headquartered in Dissen a. T. W., Germany, the company operates three segments; gravure printing, flexo printing and offset printing. BEUCKE & SÖHNE represents an ideal strategic partner for the successful further development of cenadruck, with a long tradition and excellent reputation as a mid-sized provider of flexible packaging solutions.
palero invest S.à.r.l is an independent private equity fund based in Luxembourg, which is exclusively advised by Munich-based palero capital and specialises in acquiring majority stakes of private, mid-sized European companies to optimise internal processes and operations.
Clearwater International, led by partner Markus Otto, advised palero capital.