ARDIAN arranges a senior financing for IK INVESTMENT PARTNERS as it buys into NETCO

Ardian

Paris, 27 March 2019 – Ardian, a world leading private investment house, announces that it has arranged a senior financing for IK Investment Partners’ acquisition of a stake in NetCo Group putting the latter alongside the founding family, Perriez, and Andera Partners. The financing will also help the planned expansion of the Group through future acquisitions in France and abroad.
Founded in France in 1902, NetCo is the European specialist in the general maintenance and servicing of conveyor systems across a range of production sectors – particularly minerals, agro-food and environmental.
Thanks to a robust full maintenance model, the Company has become a strategic partner for its clients when it comes to conveyor system maintenance. Based in Bordeaux, NetCo has a network of 55 branches and over 500 employees, mainly in France, Belgium and Luxembourg.
The Group is headed up by Samuel and James Perriez, and has been supported by Andera Partners (via WINCH Capital 3) since 2016. NetCo has increasingly outsourced its European maintenance business and has begun to expand internationally. Since 2000, the Company has made over thirty acquisitions – half of these in the last three years – which has doubled the size of NetCo in just two years.

Guillaume Chinardet, Head of Ardian Private Debt France, said: “We were impressed by the expansion of NetCo Group, which significantly increased its share of the market by opening and acquiring branches while simultaneously offering standardized, highly technical services. We are delighted to be part of the next stage in the company’s development through this senior financing.”
Jean-David Ponsin, Director at Ardian Private Debt, added: ”We are happy to be able to support NetCo’s growth in a consolidating market and we are convinced that our financing solution will give the Company the capacity and flexibility it needs for its future development.”
Pierre Gallix and Arnaud Bosc, partners at IK, added: “Ardian’s ability to offer a solution to the Group’s requirements was key to this partnership. Ardian has been extremely responsive and creative and has set up financing that is perfectly suited to the way NetCo intends to move forward.”
Samuel Perriez and James Perriez, as NetCo’s President and CEO commented: ”NetCo has an ambitious development strategy that demands a solid yet flexible financing solution. We are certain that Ardian will prove to be a valuable long-term partner, with the ability to support the Group as it expands.”
François-Xavier Mauron and Antoine Le Bourgeois, partners at Andera Partners, concluded: ”We are delighted to be able to continue to support NetCo’s growth alongside IK Investment Partners, Samuel and James Perriez and Ardian, paving the way for new international ambitions.”

ABOUT NETCO GROUP

Founded in 1902, NetCo is the European specialist in the global maintenance and servicing of conveyor systems in all production sectors. With a network of 55 locations, NetCo is known for its reactivity, efficiency and tailor-made, high-tech services. The company employs a total of 500 employees in France, Belgium and Luxembourg.
www.groupe-netco.com

ABOUT ARDIAN

Ardian is a world-leading private investment house with assets of US$90bn managed or advised in Europe, the Americas and Asia. The company is majority-owned by its employees. It keeps entrepreneurship at its heart and focuses on delivering excellent investment performance to its global investor base.
Through its commitment to shared outcomes for all stakeholders, Ardian’s activities fuel individual, corporate and economic growth around the world.
Holding close its core values of excellence, loyalty and entrepreneurship, Ardian maintains a truly global network, with more than 585 employees working from fifteen offices across Europe (Frankfurt, Jersey, London, Luxembourg, Madrid, Milan, Paris and Zurich), the Americas (New York, San Francisco and Santiago) and Asia (Beijing, Singapore, Tokyo and Seoul). It manages funds on behalf of around 800 clients through five pillars of investment expertise: Fund of Funds, Direct Funds, Infrastructure, Real Estate and Private Debt.

ABOUT IK INVESTMENT PARTNERS

IK Investment Partners (“IK”) is a Pan-European private equity firm focused on investments in the Nordics, DACH region, France, and Benelux. Since 1989, IK has raised close to €9.5 billion of capital and invested in over 125 European companies. IK funds support companies with strong underlying potential, partnering with management teams and investors to create robust, well-positioned businesses with excellent long-term prospects.

ABOUT ANDERA PARTNERS

Founded in 2001 within the Edmond de Rothschild Group, and wholly owned by its teams since March 2018, Andera Partners is a reference in unlisted investment in France and abroad. It manages €2.3 billion in life sciences (BioDiscovery), development and capital transmission (WINCH Capital in Mid-Cap and Cabestan Capital in Small-Cap), and mezzanine sponsorless debt (ActoMezz).

LIST OF PARTICIPANTS

Ardian Private Debt: Guillaume Chinardet, Jean-David Ponsin, Gabrielle Philip
IK Investment Partners: Pierre Gallix, Arnaud Bosc, Morgane Bouhenic, Caroline Le Hen, Adrien Normand
Andera Partners: Francois-Xavier Mauron, Antoine Le Bourgeois, Arthur Milliard
Legal and financial advisors (Ardian): Willkie Farr & Gallagher – Paul Lombard, Ralph Unger, Louis Renucci
Legal and financial advisors (IK Investment Partners): Volt Associés – Alexandre Tron, François Jubin, Morgane Le Gallic

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Francks Kylindustri Invests in Energimultiplikation Kyl- & Värmeteknik i Hedemora AB

Segula

21 March, 2019

Francks Kylindustri continues its geographic expansion through the acquisition of Energimultiplikation Kyl- & Värmeteknik i Hedemora AB (”Kyl & Värmeteknik”)

Previous owners Anders Hägg, Mats Thorsander and Jan Söderström will continue to be active in the group working with Francks Kylindustri Bergslagen. In connection with the transaction, Patrik Lindblom will assume the role as CEO for Franck Kylindustri in Bergslagen. Patrik is currently the branch manager in Falun for Kyl & Värmeteknik.

“For Francks Kylindustri the acquisition of Kyl & Värmeteknik is in line with our business plan to grow in Dalarna. We look forward to work together with the previous owners to continue to develop the business.”
Per Hannius, Francks Kylindustri

“It feels good to sell the business to Francks Kylindustry Bergslagen AB who is part of a group that is a leading player within commercial cooling solutions in Sweden. Our staff will see further opportunities to broaden their skills and grow within the industry.”
Jan Söderström, Kyl & Värmeteknik

For further information:

Please visit www.franckskylindustri.se or contact:
Per Hannius, CEO, Francks Kylindustri AB, +46 73 53 99 225

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Quimper declares the offer for Ahlsell unconditional, will acquire all tendered shares

On 11 December 2018, Quimper AB (a company that has been or will be indirectly invested in by CVC Funds) (“Quimper”)1, announced a public cash offer to the shareholders in Ahlsell AB (publ) (“Ahlsell” or the “Company”) to tender all their shares in Ahlsell to Quimper (the “Offer”). The offer document regarding the Offer was made public on 19 December 2018.

The shares tendered in the Offer at the end of the initial acceptance period on 11 February 2019, together with the shares already held or otherwise controlled by Quimper, and closely related parties, amount to in aggregate 403,296,725 shares in Ahlsell, corresponding to approximately 93.9 percent2 of the share capital and the voting rights in Ahlsell.

Quimper hereby announces that all conditions for completion of the Offer have been fulfilled. Accordingly, the Offer is declared unconditional in all respects and Quimper will complete the acquisition of the shares tendered in the Offer. Settlement for shares tendered in the Offer during the initial acceptance period will take place in accordance with previously communicated plan, i.e. around 19 February 2019.

To provide the remaining shareholders of Ahlsell who have not tendered their shares time to accept the Offer, the acceptance period will be open beyond the end of the initial acceptance period, until 27 February 2019 at 15.00 (CET). Settlement for shares tendered in the Offer during the additional acceptance period is expected to start around 7 March 2019. Quimper reserves the right to further extend the acceptance period for the Offer.

Prior to announcement of the Offer, Quimper, and closely related parties, held in aggregate 109,578,323 shares in Ahlsell, corresponding to approximately 25.1 percent3 of the share capital and the voting rights in Ahlsell. At the end of the initial acceptance period on 11 February 2019, the Offer had been accepted by shareholders representing in total 293,718,402 shares in Ahlsell, corresponding to approximately 68.4 percent4 of the share capital and the voting rights in Ahlsell.

Quimper does not hold any financial instruments that give financial exposure to Ahlsell shares and has not acquired any such shares or financial instruments outside the Offer.

Quimper will initiate compulsory acquisition of the remaining shares in Ahlsell as well as promote a delisting of Ahlsell’s shares from Nasdaq Stockholm.


1 Quimper is a newly formed entity that has been or will be indirectly invested in by funds or vehicles (“CVC Funds”) advised by CVC Advisers Company (Luxembourg) S.à r.l. and/or its affiliates. “CVC” means CVC Advisers Company (Luxembourg) S.à r.l. and its affiliates, together with CVC Capital Partners SICAV-FIS S.A. and each of its subsidiaries.

2 Based on all 436,302,187 outstanding shares in Ahlsell, excluding the 7,000,000 shares which are held by Ahlsell in treasury.

3 Based on all 436,302,187 outstanding shares in Ahlsell, including the 7,000,000 shares which are held by Ahlsell in treasury.

4 Based on all 436,302,187 outstanding shares in Ahlsell, excluding the 7,000,000 shares which are held by Ahlsell in treasury.

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CapMan Buyout to sell Maintpartner’s operations in Finland, Estonia and Poland to Caverion

The funds managed by CapMan Buyout have agreed to sell Maintpartner Group Oy to Caverion.

Maintpartner is one of the leading industrial operation and maintenance companies in Northern Europe operating in Finland, Sweden, Estonia and Poland. Maintpartner provides services in the industrial sectors of energy, chemicals, metal, food and manufacturing. Maintpartner’s net sales were EUR 164 million in 2018, and the net sales of the entity now to be sold were EUR 137 million, most of which came from Finland.

”During CapMan’s ownership period Maintpartner has grown significantly and has established a firm foothold in various industrial sectors. In addition, the company has developed IoT solutions and machine learning analytics for industrial companies to improve their operation and maintenance processes. Maintpartner’s sale to Caverion Industrial Solutions Division provides an excellent basis for further growth and development of the operations”, comments Jan Mattlin, partner at CapMan Buyout.

The acquisition is in line with our Fit for Growth strategy and strengthens our Services business. Our Industrial Solutions division is now fit for growth and we are therefore entering the Growth phase in the division. The acquisition will focus our industrial operations more towards Services business and create a major player in the Finnish market,” says Ari Lehtoranta, CEO and President of Caverion Corporation.

The transaction is subject to approval by the competition authorities. The acquisition includes Maintpartner Group, while excluding the holding company Maintpartner Holding Oy and Maintpartner Group’s subsidiaries and operations in Sweden. The funds managed by CapMan Buyout and the other owners continue as the owners of Maintpartner Holding Oy. The funds managed by CapMan Buyout made an investment in Maintpartner in 2006.

CapMan Buyout is the largest mid-market private equity team in the Nordic region, with 12 investment professionals in Finland and Sweden and 30 years of experience.

For more information, please contact:

Jan Mattlin, partner, CapMan Buyout, tel. +358 40 508 6406

Martti Ala-Härkönen, CFO, Caverion Corporation, tel. +358 040 737 6633

Sakari Toikkanen, Head of Division Industrial Solutions, Caverion Industrial Solutions, tel. +358 040 532 2174

CapMan is a leading Nordic private asset expert with an active approach to value creation. We offer a wide selection of investment products and services. As one of the Nordic private equity pioneers, we have developed hundreds of companies and real estate assets and created substantial value in these businesses and assets over the past 30 years. CapMan employs today approximately 120 private equity professionals and has over €3 billion in assets under management. Our objective is to provide attractive returns and innovative solutions to investors. We have a broad presence in the unlisted market through our local and specialised teams. Our investment strategies cover Private Equity, Real Estate and Infra. We also have a growing service business that includes procurement services, fundraising advisory and fund management services. Altogether, CapMan employs 120 people in Helsinki, Stockholm, Copenhagen, London, Moscow and Luxembourg.

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Onex Completes Sale of BrightSpring Health Services

Onex

Toronto, March 5, 2019 – Onex Corporation (“Onex”) (TSX: ONEX) and its affiliates (the “Onex
Group”) today announced they have completed the sale of BrightSpring Health Services
(“BrightSpring”) to affiliates of KKR. BrightSpring is a leading provider of diversified home and
community-based health services to complex, high-cost populations.
In June 2004, Onex Partners I made an initial minority investment in BrightSpring (formerly
ResCare) and in November 2010, Onex Partners III invested additional capital to acquire a
majority stake in a take-private transaction. In total, the Onex Group invested $204 million, of
which Onex’ portion was $41 million. The Onex Group has received total proceeds of
approximately $1.0 billion, including prior distributions of $218 million. Onex’ portion of the sale
proceeds was approximately $190 million, including $39 million of carried interest. This results
in a blended gross multiple of invested capital of 5.7 times and a 17% gross rate of return on
Onex’ investment.

About Onex
Onex is one of the oldest and most successful private equity firms. Through its Onex Partners and
ONCAP private equity funds, Onex acquires and builds high-quality businesses in partnership with
talented management teams. At Onex Credit, Onex manages and invests in leveraged loans,
collateralized loan obligations and other credit securities. Onex has $31 billion of assets under
management, including $6.4 billion of Onex proprietary capital, in private equity and credit
securities. With offices in Toronto, New York, New Jersey and London, Onex and the team are
collectively the largest investors across Onex’ platforms.
Onex’ businesses have assets of $51 billion, generate annual revenues of $32 billion and employ
approximately 217,000 people worldwide. Onex shares trade on the Toronto Stock Exchange
under the stock symbol ONEX.

For more information on Onex, visit its website at
www.onex.com. Onex’ security filings can also be accessed at www.sedar.com.

This news release may contain forward-looking statements that are based on management’s current
expectations and are subject to known and unknown uncertainties and risks, which could cause
actual results to differ materially from those contemplated or implied by such forward-looking
statements. Onex is under no obligation to update any forward-looking statements contained
herein should material facts change due to new information, future events or otherwise.

For further information:
Emilie Blouin
Director, Investor Relations
Tel: +1 416.362.7711

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Platinum Equity Completes Acquisition of Lonza Water Care Business

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Platinum

LOS ANGELES (Feb. 28, 2019) – Platinum Equity today announced it has completed the acquisition of Lonza’s water care business in a transaction valued at approximately $630 million.

Headquartered in Alpharetta, GA, the water care business is a leading provider of innovative water treatment solutions.  The company maintains six production facilities throughout North America, South America, and EMEA, and sales locations in all major regions globally. It features top consumer brands in the residential pool care market and key positions in high-growth industrial water care markets.

Platinum Equity is a leading global private equity firm with a highly specialized focus on business operations and more than 20 years’ experience acquiring and operating businesses that have been part of large corporate entities. The firm has said it believes the water care business is a strong platform for growth thanks to its market position and track record for innovation.

Following the transfer of ownership and transition to operating as a standalone company, the water care business will create a new corporate identity that will be announced in the months ahead. No changes are expected to the company’s underlying consumer product brands.

Gibson, Dunn & Crutcher LLP served as legal advisor to Platinum Equity on the acquisition of Lonza’s water care business.

About Platinum Equity
Founded in 1995 by Tom GoresPlatinum Equity is a global investment firm with approximately $13 billion of assets under management and a portfolio of approximately 40 operating companies that serve customers around the world. The firm is currently investing from Platinum Equity Capital Partners IV, a $6.5 billion global buyout fund, and Platinum Equity Small Cap Fund, a $1.5 billion buyout fund focused on investment opportunities in the lower middle market. Platinum Equity specializes in mergers, acquisitions and operations – a trademarked strategy it calls M&A&O® – acquiring and operating companies in a broad range of business markets, including manufacturing, distribution, transportation and logistics, equipment rental, metals services, media and entertainment, technology, telecommunications and other industries. Over the past 23 years Platinum Equity has completed more than 250 acquisitions.

About the Water Care Business
The water care business acquired from Lonza is one of the world’s leading suppliers of sanitizers and other water treatment chemicals. It is organized into two business segments: Residential Water offers water care products and value-added services for residential pools and spas and is a global leader in all consumer channels including Mass Retail and Professional Dealer (Pro Dealer), which includes Dealer Direct, Branded Distribution, and Repack and Private Label (RPL). Industrial, Commercial, Municipal and Surface Water (ICMS) offers chemicals, services and solutions globally that address commercial swimming pools, drinking water, process water, wastewater, irrigation, surface water and industrial applications.

Water Care Product Portfolio

Investor Relations
and Media Contacts:

Mark Barnhill
Partner
+1 310.228.9514E-mail Mark

Dan Whelan
Principal
+1 310.282.9202E-mail Dan

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SCHELDE EXOTECH and VEROLME® SPECIAL EQUIPMENT join forces

Bencis

With the acquisition of all shares in Exotech Beheer, Schelde Exotech BV (Exotech), of Vlissingen (Netherlands) becomes a 100% subsidiary of Pressure Thermal Dynamics BV (PTD), the holding of Verolme® Special Equipment (Verolme) of Moerdijk (Netherlands) en Logan Industries, Hempstead (Texas, USA)

Both Exotech and Verolme are leading manufacturers of high-end Heat Exchangers, Vessels and Reactors for high temperature, high pressure and high corrosion environments. Exotech is a strong and reputable player in the petro-chemical and nuclear industries and Verolme is a market leader in the Marine Scrubber and Poly-Silica markets.

The combined expertise and production capacity in the manufacturing of high-end equipment for demanding industries and customers will render significant advantages for Exotech’s and Verolme’s customers.

Juul IJzermans, Verolme and PTD’s CEO adds: “Exotech joining our group means we significantly increase our in-house knowledge and production capabilities that will help us fulfil our strategic growth ambitions. Both Exotech and Verolme will continue to serve their respective customers at the highest possible quality levels. I look forward to working closely with Jos Mols, Willem Konings and their team.

Additional Company and Contact Information

About Exotech

Exotech is a highly qualified and reliable manufacturer of industrial equipment. In accordance with strict quality standards, the design, manufacturing, testing and servicing of sophisticated products that match the exact requirements and specifications of clients is done in -house, including so called “clean room” production. Exotech has extensive experience in working with zirconium, titanium and nickel alloys.

For more information, please contact Jos Mols, Managing Director, Tel: +31 (0)118 485 990, @: info@exotech.nl or visit the website www.exotech.nl

About Verolme® Special Equipment

Verolme Special Equipment is a manufacturer of advanced and high quality Marine Scrubbers, Pressure Vessels and Heat Exchangers for high temperature, high pressure and high corrosion environments. Its customers are global players in the Oil & Gas, (petro)Chemical en Poly Silica industries. Verolme is also known for its capabilities to process zirconium, titanium en nickel alloys and is the global specialist 800H materials.

About Pressure Thermal Dynamics

Pressure Thermal Dynamics is the holding company of Verolme Special Equipment and Logan Industries to which it provides several management services. PTD is wholly owned by Bencis Capital Partners.

For more information please contact Juul IJzermans, CEO PTD and Verolme, Tel: +31 (0)88 0067400, @: info@verolme.com or visit the website www.verolme.com

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TRITON and ADIA sign an agreement to acquire IFCO

Triton

25.02.2019

Frankfurt (Germany), 25 February 2019 – Funds advised by Triton and a wholly-owned subsidiary of the Abu Dhabi Investment Authority (“ADIA”) have formed a partnership to acquire 100% of IFCO, a unit of Australian Securities Exchange-listed Brambles Limited. Triton and ADIA will have an equal share in the investing partnership. Regulatory approvals and other customary closing conditions are underway.

IFCO is the leading global provider of reusable packaging solutions for fresh foods, serving customers in more than 50 countries. IFCO operates a pool of over 290 million Reusable Plastic Containers (RPCs) globally, which are used for over 1.3 billion shipments of fresh fruits and vegetables, meat, poultry, seafood, eggs, bread, and other items from suppliers to grocery retailers every year.

Peder Prahl, Director of the General Partner for the Triton funds, said: “We look forward to actively supporting the management and employees of IFCO as a stable owner by investing in the growth and development of the company. Our strong industry expertise, gained through other investments and strengthened by senior industry experts, will contribute in taking the company to the next level.”

Hamad Shahwan Aldhaheri, Executive Director of the Private Equites Department at ADIA, said: “IFCO is a leading global business in an attractive and growing market, with a broad geographic footprint and strong sustainability credentials. This transaction aligns with our approach of making strategic investments alongside proven partners, supporting innovative businesses with competitive advantages and resilient earnings.”

Stephan Förschle, Investment Advisory Professional and advisor to the Triton Fundssaid: “IFCO operates in a structurally growing market driven by underlying mega trends with an attractive product portfolio and strong market position in their geographies they are operating in. We look forward to applying our experience from other corporate carve out processes to build and grow the company further.”

About ADIA

Established in 1976, ADIA is a globally-diversified investment institution that prudently invests funds on behalf of the Government of Abu Dhabi through a strategy focused on long-term value creation.

ADIA has invested in private equity since 1989 and has built a significant internal team of specialists with experience across asset products, geographies and sectors.

Through its extensive relationships across the industry, the Private Equities Department invests in private equity and credit products globally, often alongside external partners, and through externally managed primary and secondary funds. Its philosophy is to build long-term, collaborative relationships with its partners and company management teams to maximise value and support the implementation of agreed strategies.

About Triton

Since its establishment in 1997, Triton has sponsored nine funds, focusing on businesses in the industrial, business services, consumer and health sectors.

The Triton funds invest in and support the positive development of medium-sized businesses headquartered in Europe.

Triton seeks to contribute to the building of better businesses for the longer term. Triton and its executives wish to be agents of positive change towards sustainable operational improvements and growth. The 37 companies currently in Triton’s portfolio have combined sales of around €13 billion and around 84,000 employees.

For more information: www.triton-partners.com

Press Contacts

Triton
Marcus Brans

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Multi-Color Corporation Enters Into Definitive Agreement to Be Acquired by an Affiliate of Platinum Equity

Platinum

Press Release · February 25, 2019

Cincinnati, OHIO, February 25, 2019 – Multi-Color Corporation (NASDAQ: LABL) today announced that it has entered into a definitive merger agreement to be acquired by an affiliate of Platinum Equity LLC (“Platinum Equity”), a leading private equity firm. Under the terms of the agreement, which has been unanimously approved by Multi-Color Corporation’s Board of Directors, Multi-Color Corporation shareholders will receive $50.00 in cash for each share of common stock they own, in a transaction valued at $2.5 billion including the assumption of $1.5 billion of debt.

The cash purchase price represents a premium of approximately 32 percent over Multi-Color Corporation’s 30-day volume weighted average share price prior to January 22, 2019, the last trading day prior to media speculation regarding a potential transaction involving Multi-Color Corporation.

“We are pleased to reach this agreement with an affiliate of Platinum Equity,” said Nigel Vinecombe, Executive Chairman of Multi-Color Corporation. “This transaction is the culmination of our Board’s review of strategic alternatives to maximize value for our shareholders. As a result of this process, our Board, with the assistance of independent advisors, unanimously determined that this all-cash transaction will deliver immediate, significant and certain value to our shareholders and is in the best interest of our shareholders and our company. We believe this transaction represents a winning proposition for all of our stakeholders, including our employees.”

 “We have tremendous respect for Multi-Color Corporation, and believe that its capabilities and established position in the industry, when combined with our portfolio company WS Packaging Group, operational expertise and financial resources, will enable Multi-Color Corporation and WS Packaging Group to strengthen the value proposition for their customers.” Louis Samson, Partner, Platinum Equity 

Louis Samson, Partner, Platinum Equity, said, “Multi-Color Corporation is an industry leader, with a talented and dedicated team and a reputation for innovative label solutions and best-in-class service. We have tremendous respect for Multi-Color Corporation, and believe that its capabilities and established position in the industry, when combined with our portfolio company WS Packaging Group, operational expertise and financial resources, will enable Multi-Color Corporation and WS Packaging Group to strengthen the value proposition for their customers. With a shared vision to deliver the highest quality label solutions to the world’s most prominent brands, we are excited at the prospect of leveraging our resources to pursue new avenues for growth.”

Transaction Details

The transaction will be financed through a combination of committed equity financing provided by Platinum Capital Partners IV, L.P., as well as debt financing that has been committed to by Bank of America Merrill Lynch, Deutsche Bank AG New York Branch, Deutsche Bank AG Cayman Islands Branch and Deutsche Bank Securities Inc.

The transaction is expected to be completed by Q3 CY2019 and is subject to Multi-Color Corporation shareholder approval, regulatory clearances and other customary closing conditions.

Upon the completion of the transaction, Multi-Color Corporation will become a privately held company and shares of Multi-Color Corporation common stock will no longer be listed on any public market.

Constantia Flexibles Holding GmbH and affiliates of Diamond Castle Partners, who together currently own 5,889,093 shares of Multi-Color Corporation common stock, representing approximately 28.7 percent of Multi-Color Corporation’s outstanding shares, have each separately entered into a voting and support agreement to vote its shares in favor of the transaction as provided in each agreement.

The Multi-Color Corporation Board has unanimously recommended that all of Multi-Color Corporation’s shareholders vote to approve and adopt the merger agreement at an upcoming special meeting of Multi-Color Corporation’s shareholders.

Advisors 

Goldman Sachs & Co. LLC is serving as financial advisor to Multi-Color Corporation and Sidley Austin LLP and Keating Muething & Klekamp PLL are also providing legal counsel to Multi-Color Corporation. William Blair & Company has also provided a fairness opinion to the Multi-Color Corporation Board of Directors.

Latham & Watkins LLP is serving as legal counsel to Platinum Equity LLC.

Cahill Gordon & Reindel LLP is serving as legal counsel to the debt financing sources.

About Multi-Color Corporation

Cincinnati, Ohio, U.S.A. based Multi-Color Corporation (MCC), established in 1916, is a leader in global label solutions supporting a number of the world’s most prominent brands including leading producers of home and personal care, wine and spirits, food and beverage, healthcare and specialty consumer products. MCC serves national and international brand owners in North, Central and South America, Europe, Africa, China, Southeast Asia, Australia and New Zealand with a comprehensive range of the latest label technologies in Pressure Sensitive, Cut and Stack, Wraps, Aluminum, In-Mold, Shrink Sleeve and Heat Transfer. MCC employs approximately 8,400 associates across 71 label producing operations globally and is a public company trading on the NASDAQ Global Select Market (company symbol: LABL).

For additional information on Multi-Color Corporation, please visit http://www.mcclabel.com.

About Platinum Equity

Founded in 1995 by Tom GoresPlatinum Equity is a global investment firm with approximately $13 billion of assets under management and a portfolio of approximately 40 operating companies that serve customers around the world. The firm is currently investing from Platinum Equity Capital Partners IV, a $6.5 billion global buyout fund, and Platinum Equity Small Cap Fund, a $1.5 billion buyout fund focused on investment opportunities in the lower middle market. Platinum Equity specializes in mergers, acquisitions and operations – a trademarked strategy it calls M&A&O® – acquiring and operating companies in a broad range of business markets, including manufacturing, distribution, transportation and logistics, equipment rental, metals services, media and entertainment, technology, telecommunications and other industries. Over the past 23 years, Platinum Equity has completed more than 250 acquisitions.

Forward-Looking Statements

This press release contains “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995. These statements include statements regarding the benefits of the proposed transaction and the anticipated timing of the consummation of the proposed transaction. The words “may,” “continue,” “estimate,” “intend,” “plan,” “seek,” “will,” “believe,” “project,” “expect,” “anticipate” and similar expressions are intended to identify forward-looking statements. These statements are subject to inherent risks and uncertainties that could cause actual results to differ materially from those anticipated at the date of this press release. These risks and uncertainties include, but are not limited to, the following: the risk that the proposed transaction may not be completed in a timely manner, or at all; the failure to satisfy the conditions precedent to the consummation of the proposed transaction, including, without limitation, the receipt of stockholder and regulatory approvals; unanticipated difficulties or expenditures relating to the proposed transaction; legal proceedings, including those that may be instituted against Multi-Color Corporation (the “Company”), its board of directors, its executive officers and others following the announcement of the proposed transaction; disruptions of current plans and operations caused by the announcement and pendency of the proposed transaction; potential difficulties in employee retention due to the announcement and pendency of the proposed transaction; the response of customers, suppliers and business partners to the announcement of the proposed transaction; risks related to diverting management’s attention from the Company’s ongoing business operations; risks regarding the failure to obtain the necessary financing to complete the proposed transaction; risks related to the equity and debt financing and related guarantee arrangements entered into in connection with the proposed transaction; and other factors described in the Company’s annual report on Form 10-K for the Company’s fiscal year ended March 31, 2018 filed with the U.S. Securities and Exchange Commission (the “SEC”). The forward-looking statements included in this press release are only made as of the date of this press release, and the Company undertakes no obligation to publicly update or revise any forward-looking statement, whether as a result of new information, future events or otherwise, except as required by law. Readers are cautioned not to place undue reliance on forward-looking statements.

Additional Information and Where to Find It

This communication is being made in respect of the proposed transaction involving W/S Packaging Holdings, Inc., Monarch Merger Corporation and the Company. This communication does not constitute an offer to sell or the solicitation of an offer to buy any securities or the solicitation of any vote or approval. The proposed transaction will be submitted to the Company’s shareholders for their consideration. In connection therewith, the Company intends to file a proxy statement and other relevant materials with the SEC, including a definitive proxy statement, which will be mailed to the Company shareholders. However, such documents are not currently available. BEFORE MAKING ANY VOTING OR INVESTMENT DECISION WITH RESPECT TO THE PROPOSED TRANSACTION, INVESTORS AND SECURITY HOLDERS OF THE COMPANY ARE URGED TO READ THE DEFINITIVE PROXY STATEMENT REGARDING THE PROPOSED TRANSACTION (INCLUDING ANY AMENDMENTS OR SUPPLEMENTS THERETO) AND OTHER RELEVANT DOCUMENTS FILED OR TO BE FILED WITH THE SEC CAREFULLY AND IN THEIR ENTIRETY WHEN THEY BECOME AVAILABLE BECAUSE THEY WILL CONTAIN IMPORTANT INFORMATION ABOUT THE PROPOSED TRANSACTION. Investors and security holders may obtain free copies of the definitive proxy statement, any amendments or supplements thereto and other documents containing important information about the Company, once such documents are filed with the SEC, through the website maintained by the SEC at www.sec.gov. In addition, Company shareholders may obtain free copies of the documents filed with the SEC by directing a request through the Investors portion of the Company’s website at www.mcclabel.com or by mail to Multi-Color Corporation, 4053 Clough Woods Drive, Batavia, Ohio 45103, Attention: Investor Relations, telephone: (513) 381-1480.

Participants in the Solicitation

The Company and its directors, its executive officers and certain other members of Company management and Company employees may, under the rules of the SEC, be deemed to be participants in the solicitation of proxies in connection with the proposed transaction. Information about the directors and executive officers of the Company is set forth in its proxy statement for its 2018 annual meeting of shareholders, which was filed with the SEC on June 29, 2018 and in subsequent documents filed with the SEC, each of which can be obtained free of charge from the sources indicated above. Other information regarding the participants in the solicitation of proxies from the shareholders of the Company and a description of their direct and indirect interests, by security holdings or otherwise, will be contained in the preliminary and definitive proxy statements and other relevant materials to be filed with the SEC when they become available.

Contacts

For Multi-Color Corporation:

Sharon E. Birkett
Vice President and Chief Financial Officer
513-345-5311
InvestorRelations@mcclabel.com

Joele Frank, Wilkinson Brimmer Katcher
Matthew Sherman / Tanner Kaufman
212-355-4449

For Platinum Equity:

Dan Whelan
310-282-9202
Dwhelan@platinumequity.com

Investor Relations
and Media Contacts:

Mark Barnhill
Partner
+1 310.228.9514E-mail Mark

Dan Whelan
Principal
+1 310.282.9202E-mail Dan

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Nordstjernan invests in Momentum Group

Nordstjernan

Nordstjernan has acquired 4.2 percent of the capital and nearly 15.0 percent of the votes in Momentum Group. Following the transaction, Nordstjernan will be the company’s largest shareholder in terms of the number of votes.

Momentum Group is one of the leading resellers of industrial consumables and industrial components, services and maintenance to professional end users in the industrial and construction sectors in the Nordic region. The Group reported revenue in 2018 of approximately SEK 5.9 billion and had about 1,700 employees at the end of the period.

“We view Momentum as a well-run company with significant potential. Momentum’s Board of Directors and management team have done a good job making it one of the leading players in the industry. We believe in the sector and have solid knowledge of the industry from our successful investment in Swedol. Swedol and Momentum will continue to operate as two independent companies,” says Nordstjernan’s CEO Tomas Billing.

“I see Nordstjernan as a highly suitable owner for Momentum that can contribute to the further development of the company through its industry know-how and experience of generating long-term value growth,” says Anders Börjesson, the current major shareholder of Momentum Group.

“We welcome Nordstjernan as a new owner in Momentum. With its financial strength, industrial expertise and long-term investment horizon, Nordstjernan can spur continued improvement in the company,” says Jörgen Wigh, Chairman of Momentum Group.

Tomas Billing
President and CEO
Nordstjernan AB

Questions will be answered by:

Tomas Billing, CEO, Nordstjernan
Telephone: +46 8 788 50 18
E-mail: tomas.billing@nordstjernan.se

Nordstjernan is a family-controlled investment company whose business concept is to be an active owner that creates long-term and positive value growth. More information about Nordstjernan is available at www.nordstjernan.se.

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