Senior secured facilities to support future growth of Serioplast

Fineurop Soditic acted as exclusive financial advisor to Serioplast on the structuring of senior secured facilities.

Company
Serioplast
Transaction
Sector
Activity
Rigid plastic packaging solutions
Date
Country
Italy

Established in 1974 in Seriate (Bergamo, Northern Italy), Serioplast is a leading player in the rigid plastic packaging solutions for the fast-moving consumer goods (FMCG) industry in the home care & laundry, personal care, food & beverage, and pharma markets.

Serioplast is considered a strategic partner by a long-standing customer base, which includes blue-chip multinational FMCG players operating in different and resilient end markets, also thanks to its capillary presence in 16 countries with 32 plants.

Moreover, thanks to two dedicated facilities for the treatment of post-consumer plastics, the company directly manages the supply chain of recycled plastic materials, being able to offer its clients products which can include a percentage of recycled material, upon their request.

The new finance will be used for future growth through, inter alia, the development of new plants in the United States.

Eiffel Investment Group, Crédit Agricole Italia, Banco BPM, Cassa Depositi e Prestiti, UniCredit, Mediocredito Centrale, Banca Ifis, Banca Popolare di Sondrio and Banca del Mezzogiorno financed the deal.