BDA Partners is pleased to announce that its clients, Atlas Holdings and ASG, have sold ASG Print Holdings (\u201cASG Print\u201d) to GPA Global (\u201cGPA\u201d), a premium packaging and display solutions provider, with operations in Hong Kong, China, US and Europe.<\/p>\n\n\n\n
ASG Print is a European leader in packaging solutions for the home entertainment, health, beauty, and consumer electronics sectors.<\/p>\n\n\n\n
EQT Partners acquired a co-control stake in GPA Global in 2017.<\/p>\n\n\n\n
The sale of ASG Print includes a leading, low-cost manufacturing facility in Pruszk\u00f3w, Poland, together with the print technical sales offices in the UK, France and the Netherlands. The Pruszk\u00f3w plant produces high-quality folding cartons and rigid boxes, along with other specialist paper and board products. The acquisition represents a critical new hub for Hong Kong-based GPA in Europe.<\/p>\n\n\n\n
BDA Partners was the exclusive financial advisor to ASG and Atlas on the transaction.<\/p>\n\n\n\n
GPA Global\u2019s CEO Adam Melton expressed his excitement about this new phase, praising the ASG Print team\u2019s \u201cdecades of experience\u201d and outlining the benefits of having a central European base: \u201cAs global supply chains are migrating closer to where products are consumed, having manufacturing in Poland is of strategic importance for GPA Global and we intend to continue to expand our presence in the region.\u201d<\/p>\n\n\n\n
President Tom Wang commented on GPA\u2019s history as \u201cthe production partner for some of the most significant releases in the industry\u201d and expressed his excitement in welcoming the ASG Print teams to the GPA family: \u201cWith our combined strength and capabilities, we look forward to expanding our global offering to our combined customer base.\u201d<\/p>\n\n\n\n
ASG Print\u2019s Managing Director Jamie Toms also expressed his delight about the acquisition, explaining that with GPA\u2019s support the site will be able to continue delivering \u201cbest in class\u201d integrated supply chain solutions for their print packaging customers in Europe.<\/p>\n\n\n\n
Jonathan Aiken, Managing Director, BDA London, said, \u201cWe\u2019re pleased to have advised our long-standing client Atlas Holdings on this successful cross-border transaction. GPA\u2019s acquisition underlines the attractiveness of Central Europe as a platform for international and Asian investment.\u201d <\/p>\n\n\n\n
Karen Cheung, Managing Director, BDA Hong Kong, said, \u201cWe continue to observe GPA\u2019s international expansion with interest. The transaction overcame a range of carve-out challenges. We believe the outcome represents an excellent result for Atlas Holdings, ASG and for GPA.\u201d<\/p>\n","protected":false},"featured_media":11992,"template":"","class_list":["post-11987","transaction","type-transaction","status-publish","has-post-thumbnail","hentry"],"acf":[],"yoast_head":"\n