The family office Zobel Values AG acquires the packaging specialist RCP Ranstadt GmbH from the Dutch financial investor nimbus hands-on investors, who has successfully realigned the company over the last eight years.
Founded in 1953, the Company, headquartered in the Hessian Ranstadt, manufactures single-use products for the washing and cleaning, personal care as well as food industries and is one of Europe's leading providers in the flexible packaging sector. With state-of-the-art facilities, wet lens cleaning wipes or cosmetics tissues, for example, are packaged. Customers are well-known brand companies as well as discounters and retailers with private label products. With about 150 employees, the Company generated revenues of approx. 30 m€ in 2016.
Following the financial crisis, nimbus had acquired the Company in 2009 from the Dutch Budelpack Group, making comprehensive investments in the Company and realigning it. nimbus describes itself as an "hands-on-investor" focused on special situations.
The buyer, family office Zobel Values AG, is focused on succession solutions. The successful entrepreneurial family, with a long tradition in the sector mechanical engineering, manages their industrial companies themselves.
The IMAP-Team consisting of Karl Fesenmeyer, Mario Flory and Lisa Haug has advised the seller on the implementation of the structured sales process and was able to complete the transaction within a few months.
Karl Koob, managing director of RCP Ranstadt, commented:
"We are glad to have found a long-term-oriented investor for our well-established company and are expecting a valuable support for our growth plans".
Karl Fesenmeyer, managing director at IMAP, added:
"The Company, with its innovative cost leadership, has an exceptionally stable and future-oriented business model, which fits perfectly into a family office portfolio."
Over 90 delegates from IMAP member firms representing 32 countries congregated in Miami on October 25th - 27th for IMAP’s 2018 Fall conference. The conference was hosted by Falls River Group, IMAP’s partner firm in Florida, and was set around the theme of ‘Disruptive Innovation’.