Deal Announcement


DC Advisory advised AIAC on the disposal of Eurofoil Paper Coating to AR Metallizing

11 Nov 2019

Background: 

  • Headquartered in Berlin, Eurofoil Paper Coating is as a leading European manufacturer of tobacco packaging, having built a comprehensive portfolio of innerliners encompassing laminated, metallised and pure slitted and coated paper products
  • Eurofoil Paper Coating employs c.170 people and generated sales of €55m in 2018. It benefits from a strong asset base with highly automated equipment, including water-based lacquering and metallising lines, which are among some of the fastest in the world

Process: 

  • DC Advisory was appointed by AIAC to run a restricted auction process to sell Eurofoil Paper Coating

Outcome: 

  • Following this process, Belgium-based AR Metallizing, a subsidiary of Japanese corporate Nissha Group, signed an agreement for the acquisition of Eurofoil Paper Coating
  • Eurofoil Paper Coating will be fully integrated into AR Metallizing and eventually rebranded under its new owner’s brand name
  • This transaction, which is still subject to competition authorities’ approval, illustrates DC Advisory’s expertise in cross-border transactions and further strengthens its aluminium and packaging industry knowledge

Deal Team

David Benin

Managing Director
France

Tosh Kojima

Managing Director
United Kingdom

Thierry Marie

Executive Director
France

Tetsu Kawakami

Director
Germany