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> | On January 1, 2011, the Edelmann Group, based in Heidenheim (Germany), successfully completed the majority acquisition of Lindauer Druckerei Eschbaumer GmbH. |
> | Aquin acted as the exclusive M&A advisor to the owner of Lindauer Druckerei, Oliver Eschbaumer. The purchase price was not disclosed. |
Strategic Logic
> | This cooperation constitutes a logical, strategic step for Lindauer Druckerei as well as for Edelmann, as the growing internationalization and consolidation of the global players in the pharmaceutical and OTC sector and within the cosmetics market lead to altered or completely new packaging requirements. |
> | Within the new structure, the Edelmann Group is able to offer a high level of security for the supply of package inserts and to meet the growing demand for system suppliers, who are able to provide folding cartons, package inserts and labels one-stop. |
> | Lindauer Druckerei specializes in security-sensitive printed matter within the pharmaceutical and aerospace industry. It has established itself especially in the field of pharmaceutical package inserts and outserts and recorded a growing turnover in this area. |
> | Lindauer Druckerei will contribute 16 million euros in sales to the Edelmann Group. |
> | Edelmann is a leading provider of high quality and innovative packaging solutions made from cardboard. Currently, the company develops and manufactures folding cartons, system solutions and package inserts for the health and beauty care market at ten locations in Germany, Poland, France, Mexico and China. |
> | In 2009, 1,532 employees generated sales of 180 million euros. In 2010, the total turnover of the Edelmann Group is expected to be around 190 million euros. More than 40 percent of the revenues are generated by the group’s international locations. |