Geldards successfully advises Woodberry Packaging on duo of acquisitions

Geldards has successfully advised Woodberry Packaging, one of the UK and Ireland’s foremost independent packaging groups, on the successful acquisition of two key British packaging manufacturers.

The acquisition of Medica, specialists in pharmaceutical and healthcare cartons based in Crewe, and Surrey-based Curtis, experts in cosmetics and personal care packaging, almost doubles the size of the group and strengthens Woodberry’s position across Europe. An increase in staff from 350 to 650 people, with specialist sector expertise, offers the group expanded capabilities and opportunities for future growth. The enlarged group has a combined turnover in excess of €120 million.

Woodberry Packaging is a subsidiary of Dublin-based Woodberry Capital and has built its group through acquisition across Ireland and the UK. Geldards has a long-standing relationship with the group, having advised Woodberry Capital on several UK investments including their investment in Redgrave Holdings and subsequently Woodberry Packaging’s acquisition of Incodia, PCS and Reelvision Print over the last number of years.

Leading on the deal from Geldards was Corporate Partner Debra Martin, who advised on all elements of the transaction, supported by Sarah Bailey-Parke, Senior Associate and Mina Dimitrova, Solicitor, providing a full-service approach.

Commenting on the deal, Debra Martin, Partner Geldards said:

“Geldards is delighted to have advised Woodberry Packaging on their latest acquisition of these two leading British packaging manufacturers. We are proud to have supported Mark Keating and the team at Woodberry on another strategic acquisition which secures their position as a market leading force in the packaging industry.”

Mark Keating, Chief Financial Officer, Woodberry Packaging Group, said:

 “My thanks go to Geldards for their impeccable support guiding Woodberry Packaging through the acquisition of Medica and Curtis. Their commercial acumen and pragmatic advise helped to conclude the two acquisitions smoothly and in good time.”