Panmure Liberum acts as Joint Bookrunner on Mpac Group’s £30m fundraise.

Mpac is a global leader in engineering and technology, designing, precision engineering, manufacturing, and supporting high-speed packaging equipment and solutions.

Mpac separately released an announcement yesterday proposing the acquisition of CSi Palletising,  a leading provider of design, manufacturing and installation services for end-of-line automation and palletising solutions.

The consideration payable to the sellers for CSi Palletising is an enterprise value of €56 million. The fundraise was undertaken to part fund the cash the consideration payable pursuant to the Acquisition.

The Joint Bookrunners delivered significant and high-quality demand, from both existing holders and non-holders, with the fundraise being heavily oversubscribed.