AKD’s M&A team has advised Quadient on entering into a sale agreement with Dutch private equity firm Standard Investment for the sale of its Automated Packaging Solutions business and production facility.
This transaction marks an important step in Quadient’s Back to Growth strategy. On the one hand, it will further contribute to the refocus of its business portfolio. On the other hand, it will allow Quadient to optimize its industrial footprint, which will support the high profitability of its Mail-Related Solutions in the future.
The completion of the transaction, which is subject to certain closing conditions, is expected in the summer of 2021.
Quadient (Euronext Paris: QDT) is the driving force behind the world’s most meaningful customer experiences. By focusing on three key solution areas, Intelligent Communication Automation, Parcel Locker Solutions and Mail-Related Solutions, Quadient helps simplify the connection between people and what matters.
The AKD M&A team was led by Erwin Rademakers and consists of Lars Subnel, Thomas van Kuilenburg, Pieter Huys, Pascal van Schaik, Marinke Bonnier and Remco Bosveld.
Click here to read an article about this transaction in the Financieele Dagblad and read here Quadient's press release.