Deals this week: Capzanine, DS Smith, Lumi

16 February 2018 (Last Updated February 16th, 2018 09:37)

Private equity firm Capzanine and pre-polymer systems manufacturer Eximium have invested in Eos Corrugated.

Private equity firm Capzanine and pre-polymer systems manufacturer Eximium have invested in Eos Corrugated.

Eos Corrugated produces technical consumables for the corrugated cardboard industry.

Capzanine appointed Gowling WLG as the legal adviser and Roland Berger for strategic due diligence, while Eximium appointed Ernst & Young Societe d’Avocats as the legal adviser for the transaction.

All the companies involved in the transaction are based in France.

UK packaging company DS Smith has designed injection moulded plastic reusable tote boxes for Spanish fashion retailer Zara.

Made from 100% reusable and renewable plastic, the totes are designed to suit Zara’s fully automated picking system.

The tote boxes are expected to reduce packaging waste.

“Made from 100% reusable and renewable plastic, the totes are designed to suit Zara’s fully automated picking system.”

Lumi has raised $9m through a Series A funding round led by Spark Capital, Forerunner Ventures, and Homebrew Management.

Lumi is a packaging manufacturer for e-commerce brands, while Spark Capital, Forerunner Ventures and Homebrew Management are venture capital firms. All parties are based in the US.

Lumi plans to use the proceeds towards software development and to establish a prototyping lab in Los Angeles.

Schur Flexibles Group has acquired packaging firms Cats-Hänsel and Nimax from Clondalkin Group (Clondalkin).

The transaction included the acquisition of Cats-Hänsel’s Cats Flexibles Packaging (Cats) facility located in Rotterdam, Hänsel Flexible Packaging plant in Freital, Germany, and Nimax’s facility in Elst, Netherlands.

Schur is an Australian-based packaging solutions provider, while Clondalkin is a flexible packaging products manufacturer based in the Netherlands.

The acquisition is part of Schur Flexibles’ growth strategy.