Boer & Croon Corporate Finance assists in the sale of Moonen Packaging to OptiGroup
Boer & Croon Corporate Finance has assisted the shareholder of Moonen Packaging in the intended transaction (which still requires the approval of the ACM).
Moonen Packaging is a concept that stands for: ‘Exceeding Expectations in Packaging’. As a chain director, a sustainable packaging policy is pursued in order to take advantage of opportunities to save, together with customers. Customers benefit from maximum savings, both for the organisation and for the environment. Moonen Packaging is a renowned and fast-growing family business in Weert. The company was founded more than 60 years ago and has since grown into one of the market leaders in the Benelux. Moonen Packaging is the greenest company in the Netherlands, they won the 3rd Lean & Green Star in sustainable logistics. Moonen Packaging is active in the Food & Retail and Industry sectors.
With this acquisition, OptiGroup, based in Sweden, is taking an important step in its strategy in Western Europe. OptiGroup is one of the largest suppliers of business essentials in Europe. The company has more than 90,000 customers and a turnover of € 1.5 billion and is active in the Industrial & Safety, Facility & Foodservice and Printing & Creative sectors. OptiGroup sees Moonen as an important platform for international growth and aims for close cooperation in the field of sustainability.
BCCF has guided the shareholder throughout the entire process, from preparation to exploring various strategic options and completing the transaction. BCCF made the first contact with OptiGroup and, in close cooperation with an international team of the parties involved, took all the necessary steps to achieve a successful deal.