ELF Capital (“ELF”) provides an attractive and flexible financing package for the buy-out of monta Klebebandwerk GmbH (“monta”) by the management team together with a highly experienced family office. Furthermore, ELF has provided additional working capital financing to enable monta’s further organic growth.
monta, headquartered in Immenstadt, is one of the world’s leading suppliers of quality adhesive tapes made in Germany with a focus on natural rubber adhesive tapes. Originally founded in 1855, the company currently employs 155 people and is perceived as the leading German innovator in pressure-activated packaging tapes. In addition, sustainability has been an integral part of monta’s corporate policy for many years. In 2019, the monta Greenline products were added to the range as sustainable adhesive tape alternatives. The core and shipping carton including label are made of 100% recycled raw materials or come from demonstrably sustainable sources. Since 2021, all monta Greenline adhesive tapes are climate neutral.
ELF Founding Partner Christian Fritsch said: “monta has not only proven its resilience across all cycles but more important has demonstrated an impressive drive for continuous innovation of the product portfolio, always in close collaboration with its customers. During the investment process, we have met an exceptional management team, that – together with the investor consortium – will surely lead the company to its next growth phase.”
monta CEO Daniel Lückfeldt added: “We are delighted to have ELF backing this transaction. While financing activity is scarce in the current market environment, ELF has been a fast and reliable partner throughout the whole process. monta is now set for future growth and we are looking forward to our partnership with ELF.”
About monta Klebebandwerk GmbH
monta is the leading German provider of best-in-class, innovative adhesive tapes for a broad range of endmarkets. The offering comprises an extensive range of products with a variety of adhesive systems and backing material combinations manufactured at highest quality standards.
Customer groups mainly include wholesalers of packaging supplies and, among others, printers who print logos, slogans, etc. on the tape and converters who create new products by cutting, printing and coating the tapes.
When developing new solutions, monta is closely working with its customers and provides personal service and technical expertise with hands-on product training. The company serves a global customer base and is founded on long-standing and trustful relationships.
Further information: www.monta.de
About ELF Capital Group
Funds advised by ELF Capital specialize in flexible financing solutions for medium-sized companies with a focus on Germany, Austria and Switzerland as well as Northwest Europe. The entire investment team has many years of experience in structuring tailor-made financing solutions for owner-managed medium-sized companies, management teams and private equity portfolio companies looking for an entrepreneurial, reliable and committed financing partner. ELF Capital offers individually designed financing solutions for established, fast-growing medium-sized companies as well as for companies in special situations. ELF’s focus is on capital solutions for companies with solid and profitable business models, leading market positions and good growth prospects.
