Mavco and Avenue Capital Group acquire Hubergroup for global growth

Mavco Investments and Avenue Capital Group have acquired Hubergroup, a global leader in specialty chemicals and print solutions, for an enterprise value of €462 million. This strategic partnership aims to accelerate Hubergroup’s global growth, leveraging Mavco’s operational expertise and Avenue’s financial acumen. The acquisition will help Hubergroup expand its packaging-focused print solutions and chemicals business. However, the company faces significant debt of over €300 million, which could complicate its growth agenda. Regulatory approvals are still pending, and the roadmap for Hubergroup’s transformation remains unclear. The consortium will acquire all shares from the current owner, Cornelius Treuhand Holding. M.A.M. Arunachalam of Mavco Investments expressed excitement about the partnership, highlighting the potential for growth in key international markets. Avenue Capital Group’s representatives also emphasized the synergy between Mavco’s strategic vision and Hubergroup’s innovation drive. This acquisition marks a significant milestone in Hubergroup’s journey towards becoming a leading global provider of print solutions and chemicals.