Acquisition of Clondalkin Flexible Packaging

Packaging Solutions

Egeria, the Dutch based private equity firm has signed an agreement to acquire 100% of the shares of Clondalkin Flexible Packaging Group from an affiliate of Warburg Pincus. Completion of the transaction is expected to occur in Q4 2016.

Clondalkin comprises 11 manufacturing sites in The Netherlands, Germany, Switzerland, United Kingdom and USA supplying over 45 countries globally.

Paddy Mullaney, CEO of Clondalkin, said: ‘We are delighted to team up with Egeria for the next step of our development plan. Egeria's experience in supporting businesses will further facilitate and strengthen Clondalkin's continued development and expansion.’