Debt advisor for Clondalkin’s (owned by Egeria) recapitalization of its balance sheet

Quore Capital acted as debt advisor to Clondalkin Group – a leading flexible packaging manufacturer – and its shareholder Egeria on the recapitalization of its balance sheet.

Clondalkin is a flexible packaging manufacturer consisting of Royal Vaassen (Netherlands), Wentus (Germany) and Chadwicks of Bury (United Kingdom). Its core activities include extrusion, lamination/lacquering, metalizing, printing and conversion of flexible foils, films and paper for consumer packaging applications.

The company has a niche position in a diverse range of end markets. Its largest end markets are food and dairy. Examples of products in these segments are high barrier food films, dairy lids and shrink sleeves. Clondalkin has a diversified, long-lasting and loyal customer base. Overall, the majority of its top customers have been working with Clondalkin for over 20 years.

Announcement date: May, 2022

Client: Clondalkin Group