RSM’s M&A and private equity team has advised on the disposal of flexible packaging specialist Synpac to AIM-listed company, Plastics Capital plc. The deal brings together two complementary businesses that will further enhance the offering of the Group through additional services and sector expertise and increase market share across the UK.
Synpac is the UK’s largest converter of high barrier film into flexible packaging products which are primarily used to extend the shelf life of food.
What RSM did
RSM led the transaction on behalf of the vendors from start to finish; running a controlled process to select the preferred acquirer; and negotiating all aspects of the commercial deal terms.
'We were approached by a potential buyer and RSM assisted us in looking at the wider picture. They immediately understood our business, were very discrete and dedicated throughout the whole process and paid attention to detail from the initial consultation through to completion. We received personal service with the backing of a global organisation and we have no hesitation in recommending them, they were a pleasure to work with.'
Sheila Webb, Managing Director, Synpac Limited
RSM transaction team
Steve Hubbard , Partner, T +44 (0)7799 840495
Martin Athey, Associate Director, T+44 (0)7736 944456
James Atkinson, Associate, T +44 (0)7800 617407