Westpack A/S

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Westpack A/S - overview

Established

1953

Location

-, -, Denmark

Primary Industry

Logistics & Distribution

About

Westpack A/S specializes in innovative packaging solutions for the jewellery, watch, and eyewear sectors, enhancing product presentation and protection through tailored designs and efficient delivery services. Founded in 1953 and headquartered in Denmark, Westpack A/S produces a wide range of packaging options for the luxury sector. The company underwent a significant ownership change in January 2022 when Adelis Equity Partners, alongside Westpack's management, acquired an 83% majority stake from Capidea. The current CEO is Morten Nielsen.


Westpack provides an extensive array of packaging solutions specifically designed for jewellery, watches, and eyewear. Their offerings include customized jewellery boxes, display units, pouches, bags, and gift wrapping materials aimed at both retail and e-commerce markets. The company focuses on high-quality presentation and protective solutions to cater to a diverse clientele across Europe, Asia, and North America. In the most recent fiscal year, Westpack reported an EBITDA of USD 7,636,077.


30, generating revenue through bulk direct sales to retailers, wholesalers, and direct consumers. The pricing model varies based on product type and custom features, with options such as complimentary logo printing on jewellery boxes for qualifying orders. Following the acquisition in January 2022, Westpack A/S aims to enhance its global presence and increase production capabilities. The company plans to introduce new product lines and expand into additional markets, although specific details on upcoming products or geographic targets have not been disclosed.


The strategic investment from the acquisition will facilitate these growth initiatives, enabling Westpack to scale operations and meet increasing customer demand.


Current Investors

Adelis Equity

Primary Industry

Logistics & Distribution

Sub Industries

Accessories, Logistics & Distribution, Packaging, Rubber & Plastics

Website

www.westpack.com

Verticals

E-commerce, Manufacturing

Company Stage

Mature

Total Amount Raised

Subscriber access only

Westpack A/S - 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)
Secondary BuyoutCompletedWestpack A/S-
BuyoutCompletedWestpack A/S-

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