
3i acquires majority stake in cosmetics packager Geka
3i has bought a majority stake in German cosmetics packaging company Geka from mid-market investor Halder.
The company is planning to expand into emerging markets, such as China and Brazil.
Company
Geka is a packaging systems manufacturer focusing on the cosmetics industry. It serves the wholesale market, but also distributes products through its subsidiary Victoria. Plants are operated in Bechhofen, Germany, and Elgin, the US.
The firm's 2011 revenues amounted to approximately €100m. It was founded in 1925 and is based in Bechhofen.
People
Ulf von Haacke, partner and managing director, led the deal on behalf of 3i. Franco Luca is CEO of Geka.
Advisers
Equity – Clifford Chance, Kerstin Kopp, Joachim Hasselbach, Cord von Mandelsloh, Marc Besen, Achim Gronemeyer, Joerg Futter, Dennis Zahedi, Amrei Fuder, Susanne Julis, Christoph Cruetzen, Laura Karasek (Legal).
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