Adveo sold Adveo Benelux to PBS Holding AG
Adveo, a French supplier of business and office supplies, sold Adveo Benelux, a wholesaler and distributor of business and office supplies, to PBS Holding AG.
Headquartered in France, Adveo is one of the leading European players in the wholesale distribution of office products present in France, Belgium Luxembourg and the Netherlands under the brands Calipage, Top Office, Plein Ciel, and Buro+. Founded in 1954, Adveo Belgium is Benelux #1 value-added wholesale distributor of business supplies (including paper, ink & toner, facility, and office & school supplies). The subsidiary acts as a business partner to its customers through its various services, brands and marketing initiatives, delivering over 230,000 products to over 1,500 dealers across the Benelux. Since 2019, Adveo group is owned by Sandton Capital Partners, a private equity firm based in New York.
PBS Holding is a leading office products distributor and reseller in Central and Eastern Europe. As part of its multi-channel strategy, it supplies wholesale, contract, online and retail customers in 8 countries. PBS employs more than 1,400 people and generated annual revenue of approximately EUR 435 million in 2023.
This strategic transaction will provide Adveo Benelux with the resources and value to its customers. For PBS Holding it marks its entry into the Benelux market, enhancing its footprint in Europe and strengthening its position as a key industry leader.
Clairfield International acted as exclusive financial advisor to Adveo and Sandton Capital Partners.
Consumer & retail
Sale
Advisor to the seller
Services :
Sectors :
Similar transactions
UK-based Premier Paper Group (part of OVOL Japan Pulp & Paper Co. Ltd.) acquired Dublin-based GPMI.
Industrials
Acquisition
Advisor to the buyer
UK-based Premier Paper Group acquired speciality packaging and retail display company WBC.
Industrials
Acquisition
Advisor to the buyer
RADMS, the holding company that owns Premier Paper Group, was sold to Japan Pulp and Paper Company Limited (JPP) in a multi‐million‐pound crossborder sale.
Industrials
Sale
Advisor to the seller
Paperfoam, a leading global provider of biodegradable packaging solutions, was sold to Nissha (7915:Tokyo), a conglomerate active in various markets.
Energy, cleantech & resources
Private placement
Advisor to Paperfoam
Paperfoam B.V., a leading supplier of sustainable packaging, created a joint venture with Max Solutions, Inc., a specialty packaging platform, to increase sustainable packaging sales in the United States.
Industrials
Joint venture
Advisor to Paperfoam B.V.
Lucart S.p.A., a Lucart Group company based in Porcari (Lucca, Italy), acquired 100% of the share capital of ESP Ltd (Essential Supply Products Ltd.), the leading independent manufacturer of tissue paper products for the away-from-home market in Great Britain.
Industrials
Acquisition
Advisor to the buyer
NCI, a French private equity fund, acquired Sopano, a manufacturer of adhesives, labels, and paper rolls.
Industrials
Acquisition
Advisor to the buyer
Emballage Industrie Concept (EIC), a French company specializing in the sourcing and sale of film packaging, was sold to BBA Emballages.
Industrials
Sale
Advisor to the seller
Vacheron Industries, a group of three packaging companies, acquired Bpifrance’s stake in Reboul.
Industrials
Acquisition
Advisor to the buyer
Vacheron Industries, a French leader in the design and production of high-quality metal components, metal and plastic sub-assemblies, sold its next generation lipstick subsidiary Reboul, an established player in prestige beauty packaging, to Aptar.
Industrials
Sale
Advisor to the seller
