Mesirow Financial acted as the exclusive financial advisor to AR Metallizing (“ARM” or the “Company”), a portfolio company of Ackermans & van Haaren NV, a diversified and listed investment company based in Belgium, in its sale to the European arm of H.I.G. Capital, LLC (“H.I.G.”), a global private equity firm.
ARM is the world’s largest producer of coated metallized paper for the beverage label industry and other specialty packaging applications. The Company has established itself as a high-quality, technology-driven and innovative specialty metallized paper supplier with products serving global leaders in the beer, beverage, food and personal care industries. ARM operates facilities in Genk, Belgium, Casalgrasso, Italy and Franklin, Massachusetts.
Paul van Emmerick, CEO of ARM, commented, “Mesirow Financial was instrumental in identifying a strong group of prospective strategic and financial buyers and conducting an effective transaction process. Our customers and employees will both benefit as H.I.G. and ARM join together and continue to grow the Company’s product offering and geographic reach. Mesirow Financial’s sound advice and global reach with prospective buyers resulted in a successful outcome for all parties involved.”
Louis Mitchell, managing director of Mesirow Financial, said, “We were honored to represent the owners of ARM in this process. Our deep experience and relationships within the specialty paper and packaging industries allowed us to pair ARM with a knowledgeable financial partner that is committed to growing the Company.”
The transaction represents another successful assignment completed by Mesirow Financial’s Investment Banking group. Mesirow Financial is one of the most active advisors in the paper, plastics and packaging sectors, having completed over 90 transactions in recent years.
About AR Metallizing
AR Metallizing is the world’s largest producer of coated metallized paper for the beverage label industry and other specialty packaging applications. Established in 1986, the company converts specialty paper into coated and metallized packaging materials at its Genk, Belgium, headquarters and additional factories in Casalgrasso, Italy and Franklin, Massachusetts. The Company has established itself as a high-quality, technology-driven and innovative metallized paper supplier. For more information relating to AR Metallizing, please visit armetallizing.com.
About H.I.G. Capital, LLC
H.I.G. Capital, LLC is a global private equity firm based in Miami, Florida specializing in providing capital to small and medium-sized companies with attractive growth potential. H.I.G. Capital’s long-term investment philosophy is to enhance management’s ability to grow companies by providing equity capital in concert with access to strategic human resources. For more information about H.I.G. Capital, please visit higcapital.com.
About Ackermans & van Haaren NV
Ackermans & van Haaren NV is a publicly traded investment company operating through five key business segments: Marine Engineering & Infrastructure, Private Banking, Real Estate, Leisure & Senior Care, Energy & Resources and Development Capital. For more information relating to Ackermans & van Haaren NV, please visit avh.be.