Deal Announcement

DC Advisory advised Sagard on its acquisition of IPACKCHEM

01 Mar 2017

IPACKCHEM is a leading manufacturer of plastic packaging based in France. Its high barrier products are used chiefly in the transport and storage of agrochemical products, aromas and fragrances for which permeability, contamination and evaporation constraints are critical

DC Advisory (DC) was engaged by Sagard Equity Partners (Sagard) in November 2016 to provide M&A and debt advice in relation to the acquisition of IPACKCHEM

Having previously advised Bpifrance and Céréa on the carve-out of IPACKCHEM from Chesapeake, DC’s knowledge of the business, its markets and process intelligence enabled Sagard to rapidly secure a preferred position

Sagard entered into a definitive agreement for the acquisition of Céréa and Bpifrance’s majority stake in IPACKCHEM, with management retaining a minority stake in the business

The transaction completed on 15 February 2017, the terms of the transaction were not disclosed

Deal Team

Michael Mariaz

Managing Director
United Kingdom

Eric Hamou

United Kingdom

Nicolas Cofflard

Executive Director
United Kingdom

Eric Hamou, Managing Director at DC Advisory, commented: “Sagard is an important client for us and we are delighted to have worked with the team to help them secure this asset.”

Michael Mariaz, Managing Director at DC Advisory, commented: “We are very pleased to have worked with Sagard on the acquisition of IPACKCHEM, a business that we have stayed close to since advising Céréa and Bpifrance in 2014. We are confident that IPACKCHEM will thrive under new ownership and look forward to working with Sagard and Management on future strategic opportunities as the company explores expansion opportunities in Asia and the US.”