Estiko-Plastar Acquires Sefko in Strategic Packaging Move
Deal News | Dec 06, 2024 | CEE Legal Matters
Estiko-Plastar, a noted player in the packaging industry, has announced the acquisition of Sefko, strengthening its position in providing innovative packaging solutions. TGS Baltic and Gessel advised on the transaction, which is poised to enhance the company's production capacity and customer service. Estiko-Plastar's CEO, Meelis Jurgens, noted the acquisition as a significant step towards combining expertise with Sefko's 25 years of experience in manufacturing pouches and doy-bags. Sefko owners, Slawomir Buszta and Sylwester Buszta, expressed confidence in the synergistic potential of the merger to elevate their market position. The advisory teams from TGS Baltic and Gessel comprised experienced partners and associates to facilitate the deal.
Sectors
- Packaging Industry
- Legal Advisory
Geography
- Estonia – Estiko-Plastar is based in Estonia, which is relevant as they are the acquiring company in this transaction.
- Poland – Sefko is based in Poland, being the acquired company in the transaction.
Industry
- Packaging Industry – Both Estiko-Plastar and Sefko operate within the packaging industry, providing innovative and sustainable solutions for both food and non-food sectors.
- Legal Advisory – TGS Baltic and Gessel are legal advisory firms involved in the transactional process between Estiko-Plastar and Sefko.
Financials
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| Estiko-Plastar | Acquirer | Company | An Estonian company that provides innovative packaging solutions. |
| Sefko | Target Company | Company | A Polish company specializing in manufacturing various pouches and doy-bags for 25 years. |
| TGS Baltic | Legal Advisor | Company | A law firm that provided legal advisory services to Estiko-Plastar during the acquisition. |
| Gessel | Legal Advisor | Company | A law firm that provided legal advisory services, possibly to Sefko, during the acquisition. |