• M&A

Tecno Plast Succession Solution with Swedish INDUTRADE GROUP

The Company

Tecno Plast is one of the leading technical trading companies for single-use tubing sets, PTFE and silicone hoses in the German-speaking regions. Next to great expertise in the relevant markets and technical applications, Tecno Plast also has its own clean room capacities and offers predominantly customer specific solutions. Its growing customer base thereby predominantly ranges across sectors such as biopharma, pharma, MedTech and chemicals as well as filling machines for the food and pharma industry – a particular demand is currently further experienced since as a supplier to the vaccine industry the company makes a contribution to fighting the Corona pandemic.

The Transaction

As there was a need for succession solutions due to age reasons both on the shareholder side and within the senior management, but at the same time a very attractive growth perspective existed especially with increased financial and organizational resources, the objective was to find a new owner who could optimally lead the company with its organization into the next growth phase.

After transaction dialogues with a selection of possible suitable partners, the Swedish Indutrade Group was finally selected as the buyer. As a listed company with sales of approximately EUR 1.8 billion, it is a very strong partner for further growth. Complementary companies in the group will create further growth potential, while at the same time ensure the independent further development of Tecno Plast through a decentralized and entrepreneurial group approach.

Scope of Mandate

ARGONAS has advised and supported Tecno Plast and its shareholders as exclusive M&A advisor.