Coram Group has sold DPI to Euronyl Plastics Group
Amsterdam – Corporate Finance International (‘CFI’) is pleased to announce that it has acted as the exclusive corporate finance advisor to Coram Group B.V. (hereafter ‘Coram’) in the sale of Dielco Plastic Industrie B.V. (hereafter ‘DPI’) to Euronyl Plastics Group (hereafter ‘Euronyl’).
DPI is a leading Dutch full-service provider of high-quality injection moulded products, supporting its clients from engineering and design to assembly and logistics. The company was founded in 1955 and has flourished as a part of Coram for decades. DPI has a long history and a reputable and innovative name in rigid plastic manufacturing and has the in-house availability of technical knowledge, capacity and capabilities to support a rich and broad client base. The company operates from locations in Geldrop and Helmond, with an asset base comprising of ca. 50 machines with clamping forces ranging from 30-1,300 tonnes.
Coram, known for its international portfolio of bathroom product brands such as Tiger, Sealskin and Geesa, initiated the integration of the then individual companies in recent years into one Coram organisation. With its new headquarters in Zaltbommel, Coram is fully dedicated to the development and sale of bathroom products and has therefore opted to sell DPI.
Euronyl, headquartered in Nazareth, Belgium, was founded in 2006. Thanks to a series of successful acquisitions and integrations, Euronyl has grown into one of the largest suppliers of plastic products to various markets and different customers. Including the acquisition of DPI, Euronyl produces with more than 400 machines ranging from 30 tons to 2,300 tonnes, various products in and for a large number of Western and Eastern European countries.
DPI will continue its activities under the name Euronyl-DPI B.V. and with this acquisition, Euronyl increases its rigid position in the Dutch market.
Christian Wouters of Coram “We are very satisfied with the value added services of CFI who were able to find the most suitable buyer in a well-orchestrated narrowed process. With the support of CFI we had discussions with several interested parties, where Euronyl stood out from the others with its ambitions to directly increase production and further invest in automation. We are very happy the employers of DPI can continue its journey under the umbrella of the Euronyl Plastics Group.”
The transaction was closed on 30 April 2021 and further emphasises CFI’s dedication to and expertise in the Paper, Plastics & Packaging sector.
CFI in summary:
- Global reach with local roots in 18 countries
- Approximately 135 closed transactions in 2020 in the core M&A markets across Europe, the America’s and Asia
- A senior, partner-owned and committed firm with years of experience
- Integrated teams with a deep focus on targeted sectors, including the Paper, Plastics & Packaging sector
A culture that fosters collaboration and long-term personal relationships on a global scale
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