Transaction details
Miele
Ethica Group with Mindful Capital Partners (Selematic) in the acquisition of Miele for the creation of an integrated packaging hub
Ethica Group, with the M&A Advisory team, assisted Mindful Capital Partners in completing the acquisition, through its subsidiary Selematic, of 100% of Miele, a leading company active in the production of automated packaging machines in the food, chemical and pharmaceutical sectors.
By partnering Miele with Selematic, Mindful is creating a leading company in the primary and secondary food and non-food packaging sector.
Indeed, thanks to the integration of know-how and technologies present along the packaging value chain of Selematic and Miele, the newly created hub will be able to provide integrated “one-stop-shop” lines – in a wide spectrum of sectors including pasta, cereals , snacks, fresh-cut produce, dried fruit, frozen foods, pet food… – generating a relevant competitive advantage.