Fortaleza Capital exclusive corporate finance adviser to Bark Packaging Group on the sale of a minority stake to Quadrum Capital
Fortaleza Capital acted as exclusive corporate finance adviser to the shareholders of Bark Packaging Group on the sale of a minority stake in the company to Quadrum Capital.
About Bark Packaging Group: Bark Packaging Group (BPG), established in 1978 and headquartered in Eerbeek (the Netherlands), is a leading added-value intermediary for rigid and flexible packaging. BPG has evolved from a traditional packaging wholesaler into an important link in the business column when it comes to service provision in the field of packaging management in its clients supply chain. This includes taking over the total purchasing, logistics, stock management and financing of the client’s entire packaging needs.
Via Bark Innovations BPG also offers its clients supplementary services in the form of the (re)design of packaging and the development of new packaging concepts.
In addition to its head office in Eerbeek the company, under the name Bark Verpackungen, also serves the Germany market from its Stuttgart office.
Dutch Pack International, also part of BPG and based in Utrecht, supplies flexible packaging to retail and B2B clients.
BPG has a total of 36 employees and annual revenue of €40 million.
Berny Plas from BPG: “We have made robust growth in recent years and we have ambitious plans to keep on growing. For BPG the decision to enter into a partnership with Quadrum Capital fits seamlessly with this ambition. Quadrum Capital shares our long-term vision and brings expertise and financial strength. As companies we also share the same core values of enterprise, professionalism, reliability and quality. For us this means that together we have the perfect ingredients with which to expand BPG’s strong position even further.”
About Quadrum Capital: Quadrum Capital is an involved investment company focused on helping, in a responsible manner, companies to achieve their growth ambitions. The input of high-quality management experience, a keen vision, network, financial strength and a focus on strategy and management form the basis for this. Quadrum Capital is hallmarked by strong regional roots, an entrepreneurial mentality and a no-nonsense approach and since its founding in 2012 has built-up a broad portfolio of participations in various sectors, spread across three funds and various separately-financed investments.
Arjan Hoop from Quadrum Capital, for which the packaging industry is one of the spearhead sectors in its investment policy: “Bark Packaging Group is a great company with a cast-iron reputation in the packaging industry and a valuable addition to our portfolio in this sector. An extensive client base in the Netherlands and Germany, innovative packaging concepts and a differentiating position in the market are a solid foundation for the further international growth BPG has in mind. BPG also offers its clients exceptional added-value by taking over the total packaging management so clients really do have the worries taken off their shoulders. Together with the BPG team we are setting to work to bring about the Company’s accelerated international growth.”
The partnership with Quadrum Capital will enable BPG to focus on the accelerated rolling-out of its innovative packaging concepts. Erik Bos, currently the CCO at BPG, will take over the role of CEO from Berny Plas, who will remain actively involved in the Company. There will be no further changes to the BPG management team. The facilities in Eerbeek and Utrecht (the Netherlands) and Stuttgart (Germany) will continue in the same format and at the same locations.