The Blue Corporate Finance team has exclusively advised the Brückner Technology Holding GmbH on its acquisition of PackSys Global (Switzerland) Ltd. (PSG).
In close collaboration between the Brueckner management and the BlueCF team, the acquisition strategy was developed, which resulted in the identification of PSG as an ideal target.
The mandate included the approach of the owners of PSG, the coordination of the complex due diligence across 3 countries and the full support during the negotiations. Onsite-Visits of all Asian und European sites and a thorough analysis of all 5 PSG business segments were key for the valuation and the final successful closing of the transaction. Brückner acquires with PSG a strong product portfolio with a significant global growth potential.
PackSys Global (PSG) is a global leading manufacturer of specialized equipment for the packaging industry. With 30 years of experience and expertise in integrating the best of Swiss high technology and mechanical precision, the company designs and builds full lines for aluminum, plastic and laminate tubes, metal and plastic closures and monobloc aerosol cans, as well as dry offset printing systems which can be integrated into production lines for tubes, metal caps and cans.
With a primary R&D center in Switzerland, manufacturing and assembly bases in Switzerland and Thailand as well as a software development centre in India, the company offers a unique balance of high technology and cost effective machinery. With around 300 employees in those countries PSG will have, in the fiscal year ending March 2011, consolidated sales of approx. CHF 70 Mio.
Brückner Group stands for technological competence and first-class quality when it comes to lines and components for the production and processing of plastic film. With an export share of approximately 90 %, the Group is a global player with a vast network of sales and service centers around the world as well as supporting platform companies in core regions. Ever since its foundation in the year 1960, the Brückner Group has been a family owned enterprise.The Group is headed by Brückner Technology Holding as a strategic management holding, to which the main operating companies belong. The core business is Brückner Maschinenbau, being the world market leader in the field of film stretching and specialty film lines and is characterised as a complete line and system supplier.
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