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Closed Deal Announcement- Peakstone serves as M&A Advisor on Cross-Border Sale of Alden & Ott to hubergroup

April, 2017. Peakstone served as exclusive M&A advisor to Alden & Ott on its sale to hubergroup. Headquartered in Arlington Heights, IL, Alden & Ott is an industry leading, all-purpose ink manufacturer that develops custom solutions for both the offset and flexo printing markets.  Alden & Ott has expertise in heat-set inks, non-heat-set inks, ultra violet inks, flexo inks, and sheet fed inks for use in various multi-color presses on paper, plastic, and board substrates.

Headquartered in Germany, hubergroup is one of the world’s leading specialists for printing inks, coatings and press room auxiliaries, currently comprising 40 companies with 130 sites worldwide generating sales of approximately $885 million.  The acquisition of Alden & Ott will significantly increase hubergroup’s portfolio of ink products serving the growing packaging market.

“Joining the global hubergroup family will bring many benefits to our existing customers, including access to their technical knowledge base, expanded product lines, security of supply and an instantly expanded geographical footprint,” said Tom Alden, president of Alden & Ott. “We celebrate the 60 year anniversary of our founding in 2017 and believe that now is the right time to transition our family ownership. Peakstone negotiated a transaction with a large, multinational industry leader that met the financial objectives of our shareholders and was an invaluable partner throughout the sale process.”

Terms of the transaction were not disclosed.

The press release can be found at www.hubergroup.net/news.php

For additional information about this transaction, contact:

Eric Dziedzic, Managing Director, 312-346-7314, eric@peakstone.com

Mark Horita, Managing Director, 312-204-7300, mhorita@peakstone.com

 

About Peakstone

The Peakstone Group is a leading investment bank that specializes in mergers and acquisitions advisory and capital raising for middle market clients. Our team is comprised of senior investment banking professionals who have decades of experience and have executed hundreds of transactions totaling billions of dollars. For additional information, visit www.peakstone.com.