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Nexia Ebner Stolz

The Firm

Ebner Stolz Management Consultants assisting the take over of the segment SYSTEMS by RIPAC

Ebner Stolz Mana­ge­ment Con­sul­tants assis­ting the take over of the seg­ment SYS­TEMS by RIPAC

Cologne, August 14, 2015 - RIPAC GmbH is acqui­ring the SYS­TEMS unit of Jiffy Pac­ka­ging Europe, an ope­ra­ting com­pany of Pre­gis Europe Group, as part of an asset deal. The acqui­si­tion will give RIPAC, a spe­cia­list in cushio­ning and pac­ka­ging mate­rials loca­ted in Gre­ven­b­roich, Ger­many, access to new mar­kets, inclu­ding the Uni­ted King­dom, Poland, the Czech Repu­b­lic, Hun­gary, and France. It will also streng­t­hen RIPAC’s sales and mar­ke­ting acti­vi­ties in Europe, which have pre­viously focu­sed on the Ger­man-spea­king and the Bene­lux coun­tries.

Broa­der pro­duct line will inc­rease level of in-house pro­duc­tion
The core pro­ducts of RIPAC GmbH are films for various pac­ka­ging and indu­s­trial app­li­ca­ti­ons, such as the air cushi­ons used for ship­ping mer­chan­dise. The mer­ger will add foam (“foam in place”) and paper pro­ducts to RIPAC’s pro­duct line. Exper­tise in these addi­tio­nal solu­ti­ons will inc­rease RIPAC’s level of in-house pro­duc­tion and make it a sought-after part­ner in the air cushion sys­tems busi­ness.

Inc­rea­sed custo­mer focus and con­sul­ting exper­tise
Accor­ding to Henny Rib­bink, the Mana­ging Direc­tor of RIPAC, “We are con­vin­ced that SYS­TEMS is an out­stan­ding addi­tion to our cur­rent range of pro­ducts and ser­vices. The acqui­si­tion will streng­t­hen our sales and mar­ke­ting, furt­her inc­rea­sing our custo­mer focus and con­sul­ting exper­tise. I look for­ward to wor­king with the new team as we pro­ceed along – and furt­her acce­le­rate – RIPAC’s path to growth.” Rib­bink adds, “At this junc­ture, I would like to express my thanks to the con­sul­ting team from Ebner Stolz and the Hopf­gar­ten law firm for their inten­sive sup­port, wit­hout which this tran­sac­tion would not have been such a suc­cess.”

Strong part­ners in the tran­sac­tion
Ebner Stolz ini­tia­ted the tran­sac­tion and wor­ked with the Hopf­gar­ten law firm to assist the ent­ire pro­cess. Besi­des mana­ging the pro­cess, Ebner Stolz wor­ked with an inter­di­s­ci­p­li­nary team from Cor­po­rate Finance to con­duct the due dili­gence and pro­vi­ded sup­port in pre­pa­ring for inte­g­ra­tion. Hopf­gar­ten draf­ted the purchase agree­ment, nego­tia­ted it with assi­s­tance from Ebner Stolz, and advi­sed RIPAC on emp­loy­ment con­tracts in the con­text of inte­g­ra­tion. The par­ties have agreed to keep the purchase price con­fi­den­tial.

Press con­tact at Ebner Stolz

Bet­tina Nei­ses
Phone +49 221 20643-684
bet­tina.nei­ses@eb­ner­stolz.de

Cor­po­rate con­tact at Ebner Stolz

And­reas Schü­ren, Mana­ging Part­ner
Phone +49 221 20643-899
and­reas.schue­ren@eb­ner­stolz.de

André Laner, Mana­ger
Phone +49 221 20643-863
andre.laner@eb­ner­stolz.de

Cor­po­rate con­tact at Hopf­gar­ten Rechts­an­wälte
Sonja Ruland, LL.M. (Cologne)
Lawyer
rulan­d@hopf­gar­ten.de

And­rea Post
Lawyer | Labor law spe­cia­list
post@hopf­gar­ten.de
 
Hopf­gar­ten Rechts­an­wälte
Ohligs­mühle 11
42103 Wup­per­tal
Phone +49 202-493939
Fax +49 202-4939321
www.hopf­gar­ten.de

About RIPAC
RIPAC, a lea­der in fle­xi­ble pac­ka­ging, has loca­ti­ons in Ger­many, the Nether­lands, Bel­gium, France, the UK, Poland, the Czech Repu­b­lic and Hun­gary. Its range of acti­vi­ties inclu­des ser­vices and film, foam, and paper pro­ducts. The com­pany was estab­lis­hed in 2008 and has its regis­te­red office in Gre­ven­b­roich, Ger­many. More infor­ma­tion on RIPAC is available at www.ripac-film.com.

About Jiffy Pac­ka­ging Europe
Jiffy Pac­ka­ging is part of the Pre­gis Europe Group and is a lea­ding manu­fac­tu­rer of a diverse range of pro­tec­tive pac­ka­ging pro­ducts. The com­pany was foun­ded in Eng­land in 1963, making Jiffy pad­ded mai­ling bags. It has seven pro­duc­tion sites, in Wins­ford, Eng­land; Wel­len, Bel­gium; Bop­fin­gen, Ger­many; Pra­gue, Czech Repu­b­lic; Gli­wice, Poland; Pie­tra Neant, Roma­nia; and Bud­a­pest, Hun­gary. The com­pany was acqui­red by Air­pack of Italy in May 2014. Addi­tio­nal infor­ma­tion on Jiffy Pac­ka­ging Europe is available at www.jif­fy­pa­c­ka­ging.com.

About Ebner Stolz
Ebner Stolz is one of the lar­gest inde­pen­dent mid-sized con­sul­ting firms in Ger­many and is among the Top Ten in the sec­tor. The firm has deca­des of in-depth expe­ri­ence in audi­ting, tax advice, legal advice, and cor­po­rate con­sul­ting. More than 1,150 emp­loyees in all major Ger­man cities and busi­ness cen­ters offer a broad range of ser­vices based on a multi-dis­ci­p­li­nary approach. As a mid-size mar­ket lea­der, Ebner Stolz pri­ma­rily advi­ses mid-sized indu­s­trial, tra­ding, and ser­vice com­pa­nies of all sizes in every sec­tor. Cross-bor­der audi­ting and con­sul­ting assign­ments are car­ried out with part­ners of Nexia Inter­na­tio­nal, one of the world’s lea­ding net­works of inde­pen­dent con­sul­ting and audi­ting firms. Nexia has more than 600 offices in 100 coun­tries and is also one of the Top Ten in the sec­tor.
 
About Hopf­gar­ten Rechts­an­wälte
With almost 40 attor­neys and over 100 emp­loyees, Hopf­gar­ten Rechts­an­wälte is one of the lar­gest and best-known law firms in Ger­many’s Ber­gi­sches Land region. Hopf­gar­ten has offices at two loca­ti­ons – Wup­per­tal and Düs­sel­dorf – in the state of North Rhine-West­pha­lia, set­ting the hig­hest stan­dards for the pro­fes­sio­nal qua­lity of its legal work and indi­vi­dual ser­vices to cli­ents. The firm’s core com­pe­ten­cies include M&A, busi­ness and cor­po­rate law, ban­king and capi­tal mar­kets law, con­struc­tion and archi­tec­ture law, labor law, insurance law, and inhe­ri­tance law. The focus of its advi­sory ser­vices is on ent­re­p­re­neurs and com­pa­nies, with the objec­tive not only of sol­ving pro­b­lems but also of ensu­ring the right struc­tu­res for the future. Addi­tio­nal infor­ma­tion on Hopf­gar­ten Rechts­an­wälte is available at www.hopf­gar­ten.de.

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