|The Japanese Fuji Seal International Inc. acquires 100% of shares of Pago Holding AG in Switzerland.|
|Target Company Name||Pago Holding AG|
|Buyer Name / MBO Team / MBI Team||Fuji Seal International Inc.|
Situation: Pago Holding AG (Pago), located in Grabs, Switzerland (www.pago.com) is a European market leader in decoration technologies and packaging solutions. With two large production sites in Switzerland and Germany as well as branches throughout Europe, Pago operates an international network of partners and employs over 900 persons. Pago’s product range comprises of self-adhesive labels, sleeves, in-mould labelling and marking technology and software. The Pago Group focuses on hair and body care, pharmaceutical and chemicals, beverages and food industries as well as logistics. The company was family owned and was looking for a successor
Solution: Vaccani, Zweig & Associates (VZ&A) was hired in November 2011 to sell the business in a 100% trade sale transaction to a strategic buyer. The Fuji Seal Group (www.fujiseal.co.jp) is listed on the Tokyo Stock Exchange and is a worldwide market leader in sleeves technology. Fuji Seal mainly wanted to add the self-adhesive technology of the Pago Group to its portfolio in order to serve their global clients such as Nivea, J&J. In July 2012, Fuji Seal announced the closing of the transaction.
|ICFG Office||Zurich: A. Vaccani & Partners, Switzerland|
|ICFG Advisory||ICFG Zurich has advised the seller in 2012.|