TAKKT has signed a contract to acquire Ratioform Holding. headquartered in Pliening, Germany. The purchase price amounts to around EUR 210 million on a debt free basis.
By acquiring the B2B direct marketing company for packaging solutions, TAKKT says it has strengthened its European portfolio. In 2011, Ratioform generated a pro forma turnover of EUR 83 million and a pro forma EBITDA of EUR 22.6 million.
Ratioform is the leading B2B direct marketing company within the distribution market for transport packaging in Germany, where 75 percent of its sales is generated. In addition, Ratioform is active in five other European countries. Among others, the increasing importance of e-commerce business is a main driver for the growing demand for transport packaging.
Ratioform offers a range of more than 5,000 products from the areas warehouse and shipping. The products are almost exclusively available from stock.