Sherpa Capital has settled the acquisition of GALLOPLAST, a leader company in Masterbatches, colouration and additives for the plastic industry .The transaction amounts to a value of € 16 million and Sherpa Capital project envisages the realisation of a pan-European “buy-and-build”.
GALLOPLAST, funded in 1961, has a wide experience in masterbatches manufacturing for plastics. Its main business segments are food, cosmetics and chemical industry packaging and PET colourings.
The buy and build project is key to this transaction as GALLOPLAST is present in Spain, France and Portugal but, with the entry of SHERPA CAPITAL, an acquisitions project has been designed at an international level to consolidate a relevant European masterbatches group.
The founding families of GALLOPLAST will keep an equity stake in the company’s capital and will preserve the bases that have enabled to make of GALLOPLAST a leader company in the Masterbatches sector.
Sherpa Capital will support the company through its internationalisation process. This process started one year ago with the purchase of VANOPLAST, one of the major masterbatches distributors in France.This acquisition has implied a very significant leap for GALLOPLAST, as it has improved both its competitive and its strategic position at an international level.
GALLOPLAST continually devotes substantial efforts to innovation, in collaboration with its clients and suppliers as well as with both public and private pioneering centres in its sector. Moreover, the company collaborates on a regular basis in national and international I+D projects.
SHERPA CAPITAL’s entry has essentially been carried out to enhance the company’s capital in order to take forward the internationalisation process, and to build-up a major pan-European group within the masterbatches and additives manufacturing and commercialisation industry.