Paccor announced the acquisition of Miko Pac, the packaging division of Miko NV, Belgium, in March 2021. Headquartered in Düsseldorf, Germany, Paccor develops innovative and sustainable packaging solutions for the protection of food products, the foodservice market and for household and personal care products. The company employs more than 3,700 people in 18 countries.
Miko Pac is a global plastic packaging manufacturer with more than 500 employees at its manufacturing facilities in Belgium, Poland and Indonesia as well as at its sales offices in France and Germany. Miko Pac was founded more than 45 years ago and is known as a specialist in thermoforming, injection molding and in-mold labeling.
Milbank advised Barclays Bank Ireland PLC and HSBC Continental Europe S.A. on the financial aspects of the transaction.
Barbara Mayer-Trautmann (lead), Jennifer Seipelt, Silvia Lengauer (all Finance, Munich).
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