Harris Williams & Co. Advises AR Metallizing on its Sale to Asian Strategic Buyer Nissha Printing Co., Ltd.

August 7, 2015

Harris Williams & Co., a preeminent middle market investment bank focused on the advisory needs of clients worldwide, announces the sale of Belgium-based AR Metallizing to Japan-based Nissha Printing Co., Ltd. (Nissha). AR Metallizing is a leading provider of metallized packaging products. Harris Williams & Co. was the exclusive advisor to AR Metallizing, a portfolio company of H.I.G. Europe, an affiliate of H.I.G. Capital. The cross-border transaction was led by Patrick McNulty, Darwin Olympia, Brad Morrison and Brandt Carr of Harris Williams & Co.’s Industrials Group in Richmond and Ben Lewis and Kunal Kalra of the firm’s Industrials Group in London. 

“AR Metallizing’s market leadership within the metallized paper sector provides them with tremendous opportunities to accelerate growth from its partnership with Nissha,” said Patrick McNulty, a managing director in Harris Williams & Co.’s Industrials Group.

“The sale of a European headquartered packaging business with significant U.S. revenues to an Asian strategic buyer demonstrates Harris Williams & Co.’s broad international reach and deep sub-sector expertise,” said Ben Lewis, a vice president in Harris Williams & Co.’s London office.

“We are thrilled to have represented H.I.G. Europe in this transaction,” said Thierry Monjauze, a managing director in Harris Williams & Co.’s London office. “The transaction is an example of the strong interest from strategic buyers globally.”

AR Metallizing is the world’s largest provider of metallized paper for multiple packaging solutions including labels, flexible packaging, laminate boards and other substrates. AR Metallizing benefits from the growing demand for differentiated, sustainable and recyclable packaging applications from the world’s largest consumer brands. AR Metallizing operates state-of-the-art facilities in Europe and the U.S., providing it with the scale and manufacturing flexibility to serve customers in over 80 countries.

H.I.G. is a leading global private equity and alternative assets investment firm with $19 billion of equity capital under management (based on total capital commitments to funds managed by H.I.G. Capital and its affiliates). Based in Miami, and with offices in New York, Boston, Chicago, Dallas, San Francisco and Atlanta, as well as international affiliate offices in London, Hamburg, Madrid, Milan, Paris and Rio de Janeiro, H.I.G. specializes in providing both debt and equity capital to small and mid-sized companies, utilizing a flexible and operationally focused/value-added approach. Since its founding in 1993, H.I.G. has invested in and managed more than 200 companies worldwide. The firm's current portfolio includes more than 100 companies with combined sales in excess of $30 billion.

Nissha is a listed Japan-based printing technologies company.  Nissha operates in the industrial materials, devices, life innovation and information and communication sectors in Japan and internationally. The company’s industrial materials segment offers in-mold decoration (IMD), a technology that facilitates molding and printing of plastic products.  The devices segment is involved in the design, development and sale of input devices.  The life innovation business aims to contribute to safe, secure and healthy lifestyles worldwide and the information and communication business provides media services that support general communication strategies.  Nissha was founded in 1929 and is headquartered in Kyoto, Japan.

Harris Williams & Co. (www.harriswilliams.com), a member of The PNC Financial Services Group, Inc. (NYSE:PNC), is a preeminent middle market investment bank focused on the advisory needs of clients worldwide. The firm has deep industry knowledge, global transaction expertise, and an unwavering commitment to excellence.  Harris Williams & Co. provides sell-side and acquisition advisory, restructuring advisory, board advisory, private placements and capital markets advisory services.

Investment banking services are provided by Harris Williams LLC, a registered broker-dealer and member of FINRA and SIPC, and Harris Williams & Co. Ltd, which is authorized and regulated by the Financial Conduct Authority.  Harris Williams & Co. is a trade name under which Harris Williams LLC and Harris Williams & Co. Ltd conduct business.