Deloitte Corporate Finance, together with the UK division of Deloitte, acted as exclusive financial advisors to AGI Global Holdings and its subsidiary AGI-Shorewood Group (ASG) in their facility sale to Mayr-Melnhof Packaging, a manufacturer of folding cartons. The acquisition closed in October 2017.

A portfolio company of Atlas Holdings, ASG divested its European beauty and personal care operations facility based in Bydgoszcz, Poland, which it previously acquired from MeadWestvaco in 2014.

“We have been fortunate to have a long relationship with Atlas Holdings and ASG,” said Will Frame, managing director, Deloitte Corporate Finance. “This acquisition provides yet another example of continued global consolidation by major strategic players in the packaging space.”

AGI-Shorewood Group provides print, packaging, retail display products and creative services for a variety of business segments, including health and beauty, pharmaceuticals, food and consumer.