MCG Industries

Have updates for this profile? Please contribute data

= Subscriber Access Only

You are viewing a preview of this profile. Request a Preqin Pro demo for full access to all profiles and underlying data.

With Preqin Pro, you gain an unobstructed view of all alternative asset class activity across institutional investors, fund managers, funds, portfolio companies, deals, exits, and service providers.

MCG Industries - overview

Established

2000

Location

Johannesburg, -, South Africa

Primary Industry

Packaging

About

MCG Industries specializes in manufacturing injection moulded crates and containers, providing essential storage solutions for various industries, including beverages and agriculture, while also offering seating products for educational and public venues. Founded in 2000 and headquartered in Johannesburg, South Africa, MCG Industries focuses on creating high-quality injection moulded products. The company has completed 4 deals, with the most recent deal taking place on June 1, 2016, when Agile Capital exited its stake in the company. The leadership team includes CEOs Ian Victor and Neelin Naidoo, who guide the company in its operations and strategic direction.


MCG Industries specializes in the manufacturing of injection moulded crates and containers, catering to a wide range of sectors. The company's core offerings include durable storage solutions utilized in industries such as beverages (beer and soft drinks), agriculture, dairy, baked goods, and poultry. Additionally, MCG Industries produces a selection of chairs and seats designed for educational institutions, auditoriums, and stadiums, demonstrating a commitment to serving diverse market needs. The company's products enhance operational efficiency, ensuring safe and reliable storage and transportation of goods across various geographic markets, including South Africa and neighboring regions.


MCG Industries generates revenue through direct sales of its products to businesses in various industries, employing a B2B transaction model. The company engages with clients, including beverage manufacturers, agricultural producers, and educational institutions, providing tailored solutions to meet specific storage and seating needs. Transactions typically involve direct orders, where clients procure crates, containers, and furniture in bulk. These relationships are often supported by ongoing partnerships, ensuring a steady flow of products and services that align with clients' operational demands.


Revenue is anchored on the sale of flagship products, including the injection moulded crates and specialized seating solutions, fostering long-term customer loyalty and repeat business. Looking ahead, MCG Industries aims to design and launch new products tailored to the evolving demands of its clients. The company is actively exploring opportunities to expand its reach into new markets, particularly targeting regions beyond South Africa. Recent funding from the exit of Agile Capital will support these initiatives, facilitating product development and market expansion efforts.


The company is positioned to leverage its existing partnerships and deepen its market influence in the coming years.


Current Investors

RMB Ventures, Sasfin Private Equity, Zungu Investments

Primary Industry

Packaging

Sub Industries

Packaging

Website

www.mcgindustries.com

Verticals

Manufacturing

Total Amount Raised

Subscriber access only

MCG Industries - deals

Deals TypeDeal StatusTarget (s)Deal DateInvestor(s)Seller(s)Deal size (Mn)Enterprise value (Mn)Post-money valuation (Mn)EBITDA multiple (x)Revenue multiple (x)Lead partner (s)
Unspecified ExitCompletedMCG Industries-
BuyoutCompletedMCG Industries-
BuyoutCompletedMCG Industries-
BuyoutCompletedMCG Industries-

Displaying 1 - 4 of 4

MCG Industries - employee data

Blurred Background

Want to see Employee Count?

Request a demo for full access to this profile.

GoingPro

Time to go Pro

Get Preqin Pro for unrestricted access to 600,000+ detailed profiles on fund managers, investors, funds, companies, and other alternative asset players. Unlock exclusive data on future plans, company financials, fundraising history, track records, and more.