Strategic acquisition: Mavco and Avenue Capital Group acquire Hubergroup for global growth

2024年11月18日09:05 来源：无

Mavco Investments and Avenue Capital Group have signed an agreement to acquire Hubergroup, a leading global provider of specialty chemicals and print solutions. This strategic move is intended to accelerate Hubergroup’s growth and strengthen its international market position.

寰俊鍥剧墖_20241118090451.png

In a significant development for Hubergroup, the company has announced the completion of a purchase agreement with a consortium of Mavco Investments and Avenue Capital Group. This acquisition marks an important step in Hubergroup’s strategy to further establish itself as a provider of packaging-focused print solutions and chemicals on a global scale.

Strategic Focus on Sustainable Growth

The deal highlights the shared commitment to long-term, sustainable growth. Mavco, a private investment vehicle of the Murugappa family, and Avenue Capital Group, a global investment firm, bring extensive industry and investment expertise. Together, they aim to leverage Hubergroup’s market potential to expand its presence in key international markets and drive innovation.”We are very excited about this partnership and the potential it holds for Hubergroup’s future,” said M.A.M. Arunachalam, Director of Mavco Investments. “With our combined resources and strategic vision, we aim to unlock new growth opportunities and strengthen Hubergroup’s global presence.”

Expanding Market Reach

The backing from the consortium enables Hubergroup to capitalize on the rising demand for high-quality chemicals and print solutions, particularly in high-growth regions. This partnership will assist Hubergroup in expanding its operations and enhancing its ability to meet the growing market demands.Hubergroup’s management, led by Chief Transformation Officer Britta Hübner, expressed confidence that the acquisition will provide the necessary resources to accelerate the company’s growth and innovation efforts. With over 258 years of history, Hubergroup is well-positioned to further strengthen its competitiveness in the global market for print solutions and specialty chemicals.

新闻快讯

深度专题

高端访谈

行业资讯

投稿

微信

微博

微直播