PARAGON PARTNERS has acquired the DUO PLAST Group. During the transaction process h&z Management Consulting advised on the commercial due diligence.
The Frankfurt investment company VR Equitypartner GmbH and its co-investor Süd Beteiligungen GmbH have sold their majority stake in DUO PLAST Holding GmbH to the Munich private equity company PARAGON PARTNERS.
Dr. Edin Hadzic, co-founder and managing director of PARAGON PARTNERS, emphasizes: „We are enthusiastic about DUO PLAST’s long-standing technological leadership, innovative strength and stable customer base. We look forward to jointly developing DUO PLAST and supporting the next growth phase with fresh equity“.
DUO PLAST, headquartered in Lauterbach, Hesse, with various production and sales offices in Thuringia, Austria, France and Turkey, was founded in 1983 and is a leading manufacturer of packaging and stretch films.
h&z Management Consulting supported PARAGON PARTNERS with a team from the fields of management consulting and business intelligence in the acquisition of the German DUO PLAST group including the associated companies. The advice included commercial due diligence.
Team h&z Management Consulting: Dr. Markus Contzen (Project Partner Private Equity) and Christof Sonderhauser (Head of Business Intelligence).
More information: https://www.paragon.de/#nav0