In October 2024, Germany-headquartered Fischbach KG (“Fischbach“), the world’s largest provider of packaging solutions for adhesives and sealants, completed the majority sale to Onex Partners (“Onex”), a Canadian-based global private equity firm with US$49.7 billion in assets under management.
Kroll served as the exclusive M&A advisor to the shareholders of Fischbach in connection with the transaction.
“We are delighted to partner with Onex in the next stage of our growth journey. Onex shares our values, our vision for growth, and our relentless focus on delivering best-in-class product to our customers. Appointing Kroll Investment Banking to lead this very important transaction for us has been a wise decision. Kroll demonstrated unparalleled commitment and delivered exceptional results throughout the entire and well-engineered process led by Andreas Stoecklin, Mathis Ebeling, Philipp Bose and the exceptional M&A advisory team. We couldn’t have asked for a better advisor.”
Thomas Langensiepen, Fischbach Managing Director
“Fischbach is an excellent business, with a global reputation for delivering leading-edge cartridge system solutions. We are proud to be the first institutional investors in the Company and that the owner-managers have chosen to partner with us. Such partnerships are a hallmark of Onex Partners and the investment aligns with our theme of investing in high quality businesses with controllable value creation levers. It builds on our rich heritage in the packaging sector, a core vertical for Onex Partners.”
Nigel Wright, Co-Head of Onex Partners
“Congratulations to both Fischbach and Onex on this remarkable partnership and sincere thanks to Latham & Watkins, Boston Consulting Group as well as Alvarez & Marsal working alongside us on this important transaction.”
Andreas Stoecklin, Head of Corporate Finance EMEA at Kroll, and Managing Director
About Fischbach
Headquartered in Engelskirchen, Germany, Fischbach provides full system solutions including plastic cartridges, associated plungers and nozzles, as well as cartridge filling machines and ancillary equipment used in customer sealant and adhesive filling facilities. With a history stretching back to 1954, the Company invented the plastic caulking tube and has remained at the forefront of the industry through its best-in-class manufacturing technology, reliable supply of high-quality products, and differentiated R&D capabilities. The Company primarily operates out of seven production facilities in Germany, U.S., Belgium, UK, and Spain. For more information on Fischbach, visit its website at https://www.fischbach-fi.com/en/.
About Onex
Onex is an investor and asset manager that invests capital on behalf of Onex shareholders and clients across the globe. Formed in 1984, Onex has a long track record of creating value for their clients and shareholders. Onex’ two primary businesses are Private Equity and Credit. Onex’ investors include a broad range of global clients, including public and private pension plans, sovereign wealth funds, insurance companies and family offices. In total, Onex has US$49.7 billion in assets under management, of which US$8.1 billion is Onex’ own investing capital. With offices in Toronto, New York, New Jersey, Boston and London, Onex and its experienced management teams are collectively the largest investors across Onex’ platforms.
Onex is listed on the Toronto Stock Exchange under the symbol ONEX. For more information on Onex, visit its website at www.onex.com. Onex’ security filings can also be accessed at www.sedarplus.ca.
About Kroll
As the leading independent provider of risk and financial advisory solutions, Kroll leverages unique insights, data and technology to help clients stay ahead of complex demands. Kroll’s global team continues the firm’s nearly 100-year history of trusted expertise spanning risk, governance, transactions, corporate finance and valuation. Our advanced solutions and intelligence provide clients with the foresight they need to create an enduring competitive advantage. At Kroll, our values define who we are and how we partner with clients and communities. For more information on Kroll, visit its website at https://www.kroll.com/en.
