Faller Packaging buys Greek pharma packaging leader Paperpack
What's the deal? Faller PackagingDealroom has a profile for this one. Try Dealroom → has agreed to acquire Paperpack S.A.Dealroom has a profile for this one. Try Dealroom →, Greece's leading maker of fibre-based pharmaceutical packaging, from a fund advised by CEE Equity PartnersDealroom has a profile for this one. Try Dealroom →. Proventis PartnersDealroom has a profile for this one. Try Dealroom → advised CEE Equity Partners as exclusive M&A adviser. Terms were not disclosed.
Who's involved? Founded in 1891 and based near Athens, Paperpack makes folding cartons, cardboard packaging, and package inserts, employing more than 200 people and serving pharma and healthcare clients in over 40 countries.
Faller Packaging, based in Waldkirch, Germany, and founded in 1882, specialises in secondary packaging for the pharma industry. It runs sites across Germany, Denmark, Poland, and Hungary, and employs more than 1,500 people.
What's the endgame? The deal pairs Paperpack's established position in Greece with Faller's Europe-wide reach. Both companies say the combination opens new growth opportunities while maintaining quality and service standards.
Why now? CEE Equity Partners, a Central and Eastern Europe-focused private equity and infrastructure investor, is exiting after helping Paperpack become the undisputed market leader in Greece. Since 2013, it has advised two funds with over $1.2 billion in investment capital and now counts nine exits.
"The experience of the deal team, its professionalism in execution, as well as a valuable strategic view of Paperpack were decisive for the successful closing of this transaction," said Jacek R. Radziwilski, senior investment director at CEE Equity Partners.
What's next? The transaction remains subject to customary regulatory approvals.
The signal: Cross-border consolidation continues in Europe's pharmaceutical packaging market, as specialist players expand geographic reach to serve pharma clients under tightening quality and supply demands.
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Read more: MAJUNKE.com
