Adviser on the acquisition of AVI Volendam

Adviser on the acquisition of AVI Volendam
Monday February 27th, 2017 Alexander van Rossum

Fortaleza Capital acted as exclusive corporate finance adviser on the acquisition of Algemene Verpakkings Industrie (AVI Volendam) by ACE Partners.

About AVI Volendam: AVI Volendam, founded in 1960, produces and supplies semi-finished flexible packaging products including plastic film for wrapping and packaging machines and end packaging. The company delivers custom-made products ‒ printed and non-printed ‒ according to customer requirements in terms of packaging size, colour, composition and product characteristics. With its flexible production facilities and 40 employees, AVI Volendam produces in four distinct product groups: Tubes, Films, Sheets and Bags. Most products are made from polyethylene (PE), however, production from biodegradable PE is also offered. Product applications include: food (bread, fish, meat, fruit, vegetables), industrial applications, agricultural/horticultural applications, rubble bags, waste bags and chair, furniture and clothing covers. Customers are located in The Netherlands, Belgium and Germany.

About ACE Partners: ACE Partners is a hands-on investor that offers operational solutions to medium-sized companies that are active in industry, trade, technical service provision or transportation and logistics.