Business description

Lameplast is the European leader in single-dose plastic packaging solutions in the pharmaceutical, ophthalmic and cosmetic industries. Flexible and integrated services for the design and manufacture of tailor-made containers, as well as automatic and semi-automatic filling and sealing machines for Lameplast’s and third parties’ single-dose packaging. US strategic presence through LF of America to favor a complete service in the Americas and support the success of overseas operations.

Investment Rationale

Opportunity to acquire Lameplast COC Group an Italian owned market leading business operating in a niche segment across pharmaceutical packaging and manufacturing. Attractive final market secured by high barriers to entry and the ability to grow via international business expansion and reinforcing management.

Environmental metrics
Sdgs
Investment date
Sector
Medical
Sales at entry
€24.1m
Revenue class (€M)
25-50 (50% exported)
Employees class
100-250
% growth sales
12.4%
% growth employees
21.3%
% growth EBITDA
19.4%
Exit date
Add-on
Commercial development of US subsidiary
Exit type
leveraged management buy-in
Office
Carpi (Province of Modena)
Status
Realised
Value creation
Strategic Repositioning

Separate Lameplast COC Group into two distinct businesses, Lameplast and COC Farmaceutici

High Quality Management

Sourced and hired CEO and CFO with long-standing international experience

Develop US operations through strategic partnership with a local player, whilst maintaining R&D and IP in-house

Operational Improvement

Significantly enhanced R&D activity to create a consistent pipeline of new products

Introduced accurate and timely reporting schemes to monitor and optimise operational efficiency and financial performance

News