Illig to be acquired by a German financial investor
Illig, the German specialist for thermoforming and packaging systems, will successfully complete the equity capitalization and restructuring process initiated at the end of 2023 with the entry of the German financial investor Orlando Capital. The experienced German investor, focusing on medium-sized companies in complex situations, will acquire the entire product portfolio and continue the business in all sales regions worldwide. The purchase contract was signed on 17 July, but further conditions must be clarified before full ownership can be transferred. The transfer of ownership (Closing) is expected at the beginning of August.
All tangible assets and the entire business operations of the engineering company will be transferred to the new company. The continuation of the Illig brand and the existing product portfolio of thermoforming and packaging systems in all sales regions is therefore assured. In addition to the acquisition, the investor will use significant cash resources to position Illig as a market leader in the long term. The acquisition will be funded exclusively with equity capital and aims to achieve a very high equity ratio.
With the entry of a financially strong investor, Illig will once again invest more in the development of new technologies and innovations. At the same time, the company will focus even more strongly on international growth and the further development of strategically important product areas and markets.