DTCF Completes Another Middle-Market Paper and Packaging Deal
A complex cross-border carve-out transaction with private equity backed buyer and seller
Deloitte & Touche Corporate Finance LLC (DTCF) recently advised Duni AB in the sale of Duni Americas (Duni or the Company) to Norwest Equity Partners (NEP). DTCF was Duni AB’s exclusive financial advisor in connection with the transaction.
Duni AB is a Sweden-based portfolio company of EQT Partners, a European private equity group with approximately $8 billion under management.
Duni designs and manufactures an extensive selection of disposable plastic containers and premium paper tableware products for a variety of customers in the foodservice and retail markets. The Company is headquartered in Atlanta, Georgia, with two manufacturing facilities located in Thomaston, Georgia and Menomonee Falls, Wisconsin.
The transaction highlights DTCF’s deep coverage of the Paper and Packaging sector, experience in completing cross-border middle-market transactions, and track record working with private equity groups in North America and Europe.
About Duni Americas, Duni AB, and NEP
Duni Americas is comprised of Duni Corporation and Duni Supply Corporation, both of which were wholly owned subsidiaries of Duni AB.
Duni AB is a leading global company in trend-setting concepts that bring convenience to everyday life and enhance any eating or drinking occasion, whether at home, in a restaurant, for take-away, at a hotel, or within the food service industry. Duni AB reported revenues of approximately $850 million in 2005 and employs about 3,300 people in some 25 countries.
NEP provides middle-market companies with the capital they need to reach their goals. Since NEP's founding in 1961, it has earned a reputation as one of the premier private equity firms in the United States. NEP has in excess of $3 billion in capital under management.