April 17, 2024 – A&M Capital Europe (“AMCE”), a London-based middle-market private equity investment firm, announces the signing of the acquisition of a majority stake in STOK Emballage (“STOK” or the “Company”), a leading value-added packaging distributor in Denmark with a growing international presence. AMCE is investing in partnership with the Stok family and the existing management team, led by CEO Martin Frederiksen, who will retain a significant stake in the Company.
Headquartered in Langeskov, Denmark, STOK distributes over 10,000 SKUs across all packaging products to diverse end-markets, with a strong focus on the food industry, and provides a broad range of value-added services to its clients, such as sustainability advisory, just-in-time delivery and warehousing solutions. The Company benefits from attractive market dynamics and has demonstrated strong organic growth over the past decade.
The partnership with AMCE is expected to enable STOK to strengthen its service offering and accelerate growth both in Denmark and internationally, supported by investments in new and improved processes and capabilities, including new product areas and end-markets.
Additionally, with AMCE’s support, STOK expects to pursue acquisition opportunities in existing and new markets.
AMCE was advised by Schjødt and Weil as legal advisers, Baird as financial advisor, Houlihan Lokey as debt adviser, Boston Consulting Group as commercial adviser, EY as tax adviser, PwC as accounting and tax adviser, Implement as IT adviser, ERM as environmental advisor and Alvarez & Marsal as operational adviser.
About A&M Capital Europe
AMCE is a London-headquartered, middle-market private equity investment firm specialising in building pan-European platform companies through buy-and-build and organic growth initiatives. AMCE Fund I currently has €650 million of commitments under management, and STOK Emballage represents AMCE’s eighth platform investment and twentieth transaction. More broadly, AMCE is part of A&M Capital, a multi-strategy private equity investment firm which currently manages funds and accounts with commitments totalling ~€5.5 billion across four investment strategies. In addition, A&M Capital maintains a strategic association with Alvarez & Marsal, one of the world’s largest operationally focused advisory firms. For additional information, please visit A&M Capital’s website at www.a-mcapital.com.
About STOK Emballage
Founded in 1978 and headquartered in Langeskov, Denmark, STOK Emballage is a leading one-stop-shop distributor of protective packaging, offering a comprehensive range of customisable and standard packaging materials, on-site machinery services, warehousing solutions and advisory services. With a leading position in Denmark and a rapidly expanding international presence, STOK caters to a diverse customer base across the food & beverage, consumer lifestyle, industrial, and healthcare sectors. The Company has historically experienced strong organic and acquisitive growth, completing 12 acquisitions over the last 25 years, four of which were in the previous three years.
