Press releases


29/03/2023
Trianon Corporate Finance advised the shareholders of Sodeprint on the reorganization of the capital structure and the acquisition of Malengé

Created in 2002, the Sodeprint group operates two production sites: the historic FP Pack site in Appoigny (Yonne), specialized in food packaging, and, since 2020 and the acquisition of TPG Pack, the Malville site (Loire-Atlantique), specialized in premium and food packaging. With expertise in all stages of cardboard packaging manufacturing, the group designs, manufactures and delivers its products with PEFC and FSC certification and the Imprim'Vert label. In 2022, Sodeprint employs 120 people and has generated a turnover of nearly 40 M€.

 

To support its growth and meet new environmental requirements, the Sodeprint group is renewing its shareholding with the intervention of a consortium of investors led by Ouest Croissance, Bpifrance and Capitem.

 

As part of the reorganization of its capital, the group acquired Malengé, a specialist in eco-responsible paper packaging for food and cosmetic products. With 100% recyclable products, Malengé reduces the carbon footprint of packaging by up to 60% and cuts its weight by 40% compared to conventional products. Located in Flers-en-Escrebieux (Nord), the Malengé production site completes the Sodeprint group's territorial presence in the northern half of France.

 

"I am very pleased with the arrival of the new investors and the integration of Malengé into the group. This new step strengthens our position with our customers and partners who have trusted us for several years. It offers new prospects for product development with a stronger CSR commitment at each of our production sites," said Stéphane François, Sodeprint's CEO. He adds, "We also plan to continue our development through organic and external growth in order to offer the best solutions to the needs of our customers and future customers.

 

The intervention of Trianon CF focused in particular:

 

  • For the secondary LBO, within the framework of a joint mandate shared with Clearwater: the drafting of a business plan integrating external growth, the financial structuring of the project, the raising of bank financing, the negotiation of sellers’ interests and the accompaniment of the CEO.

 

  • For external growth: detailed screening of target companies, the organization of a dozen meetings with shareholders and managers of companies in the industry, the support of the CEO and the shareholders of Sodeprint in assessing and negotiating projects, the financial structuring of the operation and the coordination of the different parties involved in the operation.