Looking ahead to 2023, Lincoln’s Packaging group expects robust demand for packaging businesses, driven by favorable investor appetite for the sector amidst economic uncertainty; increased opportunity for consolidation; changing local and regional regulatory requirements; emphasis on cross-border activity; and sustainability initiatives across all our packaging sub-sectors.
2022 Notable Packaging Transactions
Contributor

I am a rigorous advocate for my clients with a hands-on, communicative approach and provide industry and financial expertise to deliver external perspective and outstanding results.
Luke Webb
Managing Director & U.S. Co-Head of Business Services
ChicagoMeet Professionals with Complementary Expertise in Packaging

I enjoy leading clients and realizing their objectives, while structuring solutions to issues that are both intriguing and challenging.
Øyvind Bjordal
Managing Director & Head of Switzerland
Zurich
I take an active role in every stage of the transaction process in order to achieve the goals of my clients.
Iván Marina
Managing Director & Head of Spain
Madrid
I strive to deliver value-added advice, leveraging deep industry knowledge and extensive industry relationships.
Guillaume Suizdak
Managing Director & Co-Head of Industrials, Europe
Paris
I am a rigorous advocate for my clients with a hands-on, communicative approach and provide industry and financial expertise to deliver external perspective and outstanding results.
Luke Webb
Managing Director & U.S. Co-Head of Business Services
ChicagoRelated Perspectives & Publications

Packaging Quarterly Review Q4 2022
The final quarter of 2022 closed the year out on the same note as previous quarters, with a continued cooling of market activity. The total number of closed mergers and… Read More

The Lead Left | Webinar: 2023 M&A Outlook
Lincoln International is pleased to have participated in The Lead Left Presents: 2023 M&A Outlook, a webinar discussing market activity and expectations for the coming year. A few key takeaways… Read More

2022 Global Results
In 2022, Lincoln International continued to design and deliver meaningful solutions and outcomes for clients around the world. Our shared ambition for results achieved through collaboration, thoughtfulness and tailored approaches… Read More

Crimson Renewable Energy has sold SeQuential to Neste
Client: Crimson Renewable Energy LP Client Location: United States Target: Crimson Renewable Energy LP Target Location: United States Acquirer: Neste Acquirer Location: Finland Target Description: Crimson Renewable Energy LP produces… Read More

Insight Equity has acquired Clearly Clean Products
Client: Insight Equity Client Location: United States Target: Clearly Clean Products Target Location: United States Acquirer: Insight Equity Acquirer Location: United States Target Description: Clearly Clean Products provides eco-friendly food trays for the food and beverage industry,… Read More

Grant Robertson
Grant provides mergers and acquisitions (M&A) advisory services within Lincoln’s Industrials Group to leading private equity groups, public companies and family-owned businesses. Grant has a deep understanding of the chemicals… Read More

IK Partners has sold Exxelia to Heico
Client: IK Investment Partners Client Location: United Kingdom Target: Exxelia Target Location: France Buyer: Heico Corporation Buyer Location: United States Target Description: Exxelia is a leading designer and manufacturer of… Read More

Latecoere a portfolio company of Searchlight has raised capital
Client: Group Latécoère Client Location: France Owner: Searchlight Owner Location: United States Client Description: Aerospace manufacturer of mission critical products with unique end-to-end capabilities

Horizon Global Corporation has been taken private by First Brands Group, LLC
Client: Horizon Global Corporation Client: United States Target: Horizon Global Corporation Target Location: United States Acquirer: First Brands Group, LLC Acquirer Location: United States Client Description: Horizon Global Corporation (NYSE: HZN), one… Read More

SPIE Group has divested its UK operations to Imtech, jointly owned by Dalkia and EDF Energy
SPIE UK SPIE UK is a leading provider of technical engineering solutions for the built environment, with a focus on environmental safety and energy efficiency solutions. Its bespoke end-to-end service… Read More

Lincoln successfully places credit facility in support of The Stephens Group’s acquisition of Quality Valve
Quality Valve Founded in 1994 and headquartered in Mobile, Alabama, Quality Valve is the premier distributor of valve replacement and repair parts and accessories, offering a brand agnostic “one-stop shop”… Read More

discoverIE has sold Acal BFi to H2 Equity Partners
Client: discoverIE Client Location: United Kingdom Buyer: H2 Equity Partners Buyer Location: United Kingdom Target: Acal BFi Target Location: United Kingdom Client Description: Supplies components to the medical, transport, industrial and renewable… Read More

Fast Radius, Inc., a recently merged SPAC formerly trading on the NASDAQ, has been sold through a Section 363 Asset Sale to SyBridge Technologies
Fast Radius Founded in 2017, Fast Radius, headquartered in Chicago, Illinois, has become a leading provider of digital manufacturing solutions and has helped its customers produce over 15 million parts… Read More

Inspirit Capital has sold Senergy Wells, a division of Vysus Group, to Elemental Energies, a portfolio company of Fossar Capital
Client: Inspirit Capital Client Location: UK Target: Senergy Wells Target Location: UK Acquirer: Elemental Energies Acquirer Location: UK Target Description: Senergy Wells provides project management, consulting and manpower services to the upstream oil and gas, geothermal and… Read More

Nitto has agreed to transfer a portion of its NVH business to Parker Corporation
NVH business of Nitto Denko Corporation Nitto’s NVH business is engaged in the manufacturing and distribution of components, primarily reinforcement and vibration-damping materials that improve the comfort and safety of… Read More

Mill Point Capital has sold Spire Power Solutions to ERMCO
Spire Power Solutions Headquartered in Athens, Georgia, Spire Power Solutions has been serving the electrical utility, commercial and industrial sectors for more than 100 years. Spire manufactures a full range… Read More

21 Invest has acquired TRIME from Wise Equity
TRIME TRIME is a leading Italian player, headquartered in Cassinetta di Lugagnano, Milan, and engaged in the development and production of lighting towers for infrastructure sites, mines and live events.… Read More

AL-KO, a portfolio company of Primepulse, has sold AL-KO Air Technology to Trane Technologies
AL-KO Air Technology AL-KO Air Technology designs, manufactures, sells and services sustainable air handling units and extraction systems for a broad range of applications in diverse markets, such as pharmaceutical,… Read More

ATL Partners has acquired Aero Accessories
Aero Accessories Aero Accessories is a leading provider of maintenance, repair and overhaul (MRO) services for complex, difficult-to-repair and in-demand components requiring engineering expertise. Founded in 2007, the company specializes… Read More

DESMI has been sold to One Equity Partners
DESMI DESMI, which was founded in 1834 and has its headquarters in Nørresundby, Denmark, is a leading global manufacturer of pumps and pumping systems, environmental equipment and related products. The… Read More

Sentinel Capital Partners has sold Nekoosa to Appvion, a portfolio company of Wynnchurch Capital
Nekoosa Headquartered in Nekoosa, Wisconsin, Nekoosa produces a comprehensive suite of specialty engineered materials in four key product areas: application and pressure sensitive tapes used to protect and transfer graphics… Read More

Aerospace & Defense Market Update Q3 2022
Despite the challenges noted in the public markets, Lincoln International’s recent A&D deal activity and discussions indicate a general consensus that private market M&A deal activity and valuations have remained… Read More

MFG has raised capital for A-Z Wire & Cable
Client: MFG Partners Client Location: United States Target: A-Z Wire & Cable Target Location: United States Target Description: Headquartered in Northbrook, Illinois, A-Z Wire & Cable is a leading distributor… Read More

Specialty Chemicals: The Story of the Specialty Transformation
The specialty chemicals equity story is becoming increasingly important as the historical diversification benefit of more traditional commodity chemicals players – or even the diversified chemical conglomerates of yore –… Read More

Chemicals Quarterly Review Q3 2022
During Q3 2022, the global financial markets were battered. Performance continued to trend downward as a result of market volatility and geopolitical uncertainty. We believe that continued uncertainty will weigh… Read More