Latour Capital

Canaccord Genuity acted as Financial Adviser to Latour Capital on the acquisition of Omni-Pac Group

Canaccord Genuity is pleased to announce that its client, Latour Capital, completed the acquisition of Omni-Pac Group (the “Company”) from Motion Equity Partners on 19 May 2021.

Omni-Pac Group is a French designer and manufacturer of moulded fibre packaging (natural, recyclable and biodegradable material made of paper, cardboard and newspapers) for the food (eggs, fruits & vegetables, fish, meat, etc.), medical and industrial sectors. The Company is the third largest player in the European market and generated c.€100m of sales in 2020. Historically positioned as a leader in the French, German and UK markets, Omni-Pac Group is also a key player in Benelux, the Nordic countries, and Southern Europe. The Company has three state-of-the-art manufacturing facilities in: Allaire (France), Elsfleth (Germany), and Scunthorpe (United Kingdom).

Canaccord Genuity also provided debt financing advisory, which resulted in a debt package which qualified as a “Green Loan” according to the EU Taxonomy, the first such loan for a LBO operation. The strong demand from investors for “green assets” resulted in very favourable debt terms.

This transaction further reinforces Canaccord Genuity’s credentials in sustainability as well as its relationship with financial sponsors.