Sale of Wine Box Company Limited to Premier Paper Group Limited

BDO.LiveSite.Deals.SubIndustryFood and drink
BDO.LiveSite.Deals.ClientNameWine Box Company Limited

BDO has advised Wine Box Company Limited, a UK-based specialist packaging business, on its successful sale to Premier Paper Group Limited. 

Founded in 1989 and headquartered in its new warehouse in Crawley, WBC has more than thirty years of experience in the specialist drinks and food packaging industry with a strong focus on serving its retail clients. The company ensures its customers stay at the forefront of the packaging product and e-commerce market by supplying innovative products via its sustainable supply chain.  

Premier Paper Group is the UK’s leading paper merchant and offers a variety of high-quality products and services to its customers. The Company was acquired in 2019 by Japan Pulp and Paper, a $4bn revenue global company with over 3,900 people across several diverse sectors but with paper at its core.  

The acquisition of Wine Box Company is the latest deal in PPG’s buy and build strategy, following the recent acquisition of Zulu Packaging as it continues to expand in this space. This acquisition will underpin Premier Paper Group’s strategy to expand its packaging products and continue to diversify its offering across the UK.

Wine Box Company was advised by BDO’s M&A team, which provided sell-side lead advisory to the shareholders. In addition, BDO also provided financial modelling and tax services to the company and the shareholders.  

“BDO was the last company we saw when deciding on potential advisors for the sale of the company. We decided before the end of this first meeting that they were who we would go with. From our first meeting with BDO, they have been a pleasure to work with. Duncan, James and Sam were diligent and professional throughout, and their experience and support made a challenging process as efficient and smooth as possible. For those who are considering their exit and strategic options for their business, I would fully recommend working with them. I have no doubt that none of the other advisors we spoke to would have achieved the enterprise value attained by BDO.” 

Tim Wilkinson, Shareholder and Director, Wine Box Company Limited

“We were delighted to support Andrew, Tim, and the management team on the sale of Wine Box Company to Premier Paper Group. The transaction creates an exciting partnership for both companies by combining Wine Box Company’s fantastic reputation in the packaging sector with Premier Paper Group’s scale, offering and UK-wide capabilities. The combined business has very exciting growth plans going forward, and we look forward to watching the partnership grow and flourish.” 

Duncan Lamb, Partner, BDO