Plastic Omnium Group has sold SULO Emballagen to Fields Group

Plastic Omnium Group and Fields Group have signed an agreement regarding the sale of 100% of the shares in SULO Emballagen GmbH (“SULO”). With this transaction, Lincoln International (“Lincoln”) reaffirms once again its deep sector know-how of the international packaging market as well as its extensive expertise in cross-border and complex carve-out transactions for multi-national large corporates. The French plastics processor Plastic Omnium Group thereby continues to further concentrate on its core competencies within its business division Waste Management and Environment. In the future, SULO will focus even more strongly on strengthening its current and developing new customer relationships, also by better leveraging its highly recognized technological know-how in the development of new product solutions.

SULO was established in 1892 and is one of the worldwide leading producers of special steel drums for the chemicals, mineral oil and food industry. Decades-renowned international blue-chip industrials trust in SULO’s high-quality and reliable steel drums for the transport of their hazardous or sensitive-filling goods.

Plastic Omnium Group (the “Group”) is the world leader of automotive body parts and modules and the leading global Tier 1 supplier of complete plastic fuel systems and emission reduction-related fluids systems to car manufacturers. Moreover, it is the world leader of waste collection containers for local governments and for businesses. With total sales of Euro 7.5 billion, the Group and its joint ventures have 32,000 employees working in 136 plants and 22 R&D centers in 30 countries worldwide. Plastic Omnium Group is listed on Euronext Paris.

Fields Group is an industrial holding company with offices in Amsterdam and Munich. Together with management, Fields Group actively develops the potential of its portfolio companies. Fields Group is long-term oriented and exclusively invests in industrial companies.

Lincoln acted as the exclusive financial advisor to Plastic Omnium Group, working closely with the owner and the management team throughout the sale process. This included providing advisory expertise and managing the preparatory, marketing, negotiation and due diligence phases of the process. This agreement represents Lincoln’s 12th successful sell-side mergers and acquisitions mandate in the packaging industry sector worldwide since the beginning of 2015. Further details of this agreement were not disclosed.

Share: