MBCF acted as the exclusive financial advisor to Jagtenberg on the sale of Jagtenberg Plastics B.V. to RPC Group PLC
MBCF is pleased to announce that it acted as the exclusive financial advisor to Jagtenberg on the sale of Jagtenberg Plastics B.V. to RPC Group PLC, a London Stock Exchange listed company.
Headquartered in Heerewaarden since 1965, Jagtenberg is a blow moulding company manufacturing high quality packaging for various markets. The main markets of Jagtenberg are the chemical, food and beverage, and the fuel & engine oil industry. Next to this, Jagtenberg produces several specialized technical products for the building industry. It has close contacts with reputable raw material suppliers, which ensures that the latest know-how of the developments in the field of plastics for the blow moulding industry is available for their clients. Jagtenberg is dedicated to support sustainability: all their products meet the legal requirements and stands for sustainable use of natural resources and solutions to reduce the environmental burden.
With more than 130 operations and 18.300 employees, RPC is today a £2bn global design and engineering company specializing in polymer conversion in packaging and non-packaging markets. RPC creates innovative packaging solutions for many end markets, including food & drink, cosmetics, and personal care, pharmaceutical, automotive, and household and industrial chemicals, as well as advanced technical components for sectors such as light and heavy vehicles, and electronics. RPC is listed on the London Stock Exchange and is a constituent of the FTSE 250 Index.
MBCF is a reputable mid-market investment banking boutique providing merger and acquisition advisory services to large corporates, family-owned businesses and private equity investors. MBCF provides a broad range of services including sale advisory, acquisition advisory, capital raising, and valuation services. The firm has dedicated industry teams in businesses services, IT, industrials and healthcare industries. MBCF is the founding member of Corporate Finance International, the cross-border M&A specialist group with more than 200 investment banking professionals in over 20 countries.
Mr. Roland Jagtenberg, the shareholder remarked: “we are enthusiastic that our family business found a new home with RPC. The activities of Jagtenberg will certainly complement the package of services by RPC. We are convinced, that both Jagtenberg and RPC will benefit tremendously from this transaction, leveraging Jagtenbergs products on RPC’s customerbase and vice versa”. On the cooperation with MBCF, Mr Jagtenberg stated: “It was clear from our first interaction with the team of MBCF that they would bring unique industry knowledge and professionalism to the table, and they have delivered what they promised”.
We wish Jagtenberg and RPC all the best for the future and look forward to assisting parties in their further growth strategy.