Industry: Security Printing
Type: ACQUISITION
Transaction Value: £34m

Business: Appleton Inc is one of the world’s largest producer of carbonless paper, thermal media, security, inkjet and performance packaging products, from its three main manufacturing operations in Wisconsin, Ohio and Pennsylvania as well as its operations in 60 countries across the world. BemroseBooth provides security and specialised print services from its operations in Derby, Hull and Teesside.

Deal: As the first part of its expansion into the European markets and as a platform from which to expand its security products business, Appleton acquired BemroseBooth for £34m.

Our Role: McInnes Corporate Finance introduced the opportunity to acquire BemroseBooth to Appleton and subsequently worked together with a senior team to execute an initial assessment which enabled Appleton to form an early view on valuation and the extent that BemroseBooth provided a strategic fit compared to other opportunities. Having helped to generate momentum to the acquisition process through our existing contact with the private-equity vendor, McInnes Corporate Finance proceeded to act as advisers on key commercial and legal issues to Appleton’s M&A team.