Tikehau Capital acquires 25% stake in Italian packaging firm Brandart

Tikehau Capital, a global alternative asset manager, has acquired a 25% stake in Brandart, one of the world’s leading providers of packaging and merchandising solutions for high-end consumer brands. The deal is targeted to boost Brandart’s expansion into new markets and enhance its sustainable and innovative practices. Maurizio Sedgh, the founder and CEO of Brandart, will maintain control of the Group, while benefiting from Tikehau Capital’s strategic support.

Financial Metrics and Business Model

In the financial year 2022, Brandart reported revenues of 215 million euros, demonstrating robust financial health with an EBITDA margin of 14.8%. The company has its headquarters in Busto Arsizio and operates globally, with offices in key markets such as Milan, Paris, New York, and Guangzhou, China. Brandart’s business model incorporates end-to-end services, including R&D, design, sourcing, and logistics, making it a preferred partner for high-end brands in various sectors like fashion, electronics, and automotive.

Commitment to Sustainability

“Sustainability and innovation are at the center of the Group’s offer,” said Maurizio Sedgh. Brandart’s business model is highly focused on sustainable practices, with four main pillars: use of recycled and certified raw materials, eco-design, high ESG standards, and efficient logistics aimed at reducing CO2 emissions. These practices align Brandart as a leading player in the eco-conscious packaging and display industry.

Investment Details and Future Plans

This investment aligns with Tikehau Capital’s broader strategy focused on decarbonization and marks its 14th investment in this sector. It is also the sixth investment by Tikehau Capital in Italy since 2019. “Our partnership with Maurizio Sedgh will be instrumental in helping to further accelerate Brandart’s growth,” stated Roberto Quagliuolo, Deputy Head of Private Equity and Co-Head of Italy at Tikehau Capital.

Advisers for the Transaction

Fineurop Soditic and Cornelli Gabelli e Associati were the advisers for Brandart, while Tikehau Capital was advised by an array of industry experts including McKinsey & Company, Deloitte, Gattai, Minoli, Partners, and INDEFI.