Financial DD of Tournaire Group for Motion Equity Partners
4 Oct 2022
Eight Advisory has conducted the financial due diligence on the Tournaire group on behalf of Motion Equity Partners.
Tournaire leaves its founding family for Motion Equity Partners for a valuation of nearly €200 million.
Tournaire specialises in the production and marketing of high-performance aluminium and plastic industrial packaging used to protect, store and transport sensitive and high value-added materials around the world. The company is active in a wide range of sectors, including pharmaceuticals, agrochemicals, perfumery, the food industry and speciality chemicals.
Motion Equity Partners is a major player in private equity. It supports the management teams of SMEs and SMIs in their needs for growth, change and development.
This transaction will enable Tournaire to accelerate its international development.
The Eight Advisory team was led by Boris Bignon.