On 7 November, Korpi Capital Oy (“Korpi”) announced that they have acquired Europak Oy (“Europak”), a plastic package and blow molded technical parts manufacturer established in 1980 and headquartered in Espoo, Finland. In 2019, the company employed 19 professionals and reported a revenue of EUR 6.7 million.
Korpi is a Finnish investment firm investing in companies which are leaders in their respective business areas. Korpi is considered a long-term owner supporting their portfolio companies in fulfilling their growth strategies. After the acquisition of Europak, Korpi’s investment portfolio comprises 29 companies. Prior to the transaction, the combined revenue of Korpi’s investment portfolio amounted to approximately EUR 110 million with an average EBITDA margin of 23%.
In addition to Corporate Finance services, EY also provided legal services to the sellers of Europak.
This transaction highlights EY’s capabilities in providing first class Corporate Finance and integrated legal services to our mid-market clientele in Finland.
During the transaction process, Europak was advised by our EY Corporate Finance (Mid-Market) team, which is dedicated to support small and medium-sized companies with annual revenue ranging between EUR 5 and 30 million, on average. The EY Mid-Market Corporate Finance (Mid-Market) team covers the whole of Finland and consists of transaction professionals acting as the client’s single point of contact to ensure a smooth transaction process from beginning to end. The team has strong executional capabilities and can provide all the required transaction services during the transaction cycle.