IMAP is pleased to announce that Torqx Capital Partners (“Torqx”) acquired the majority of the shares of CSipackaging industry (“CSi Packaging”) in partnership with current shareholder CEO Mark van de Klundert and management, in a carve-out from CSi Industries.

CSi Packaging, with its roots in the 1990s as part of CSi Palletising and officially established as a separate company in 2014, is a global leading designer and manufacturer of high-speed equipment for post press automation processes in the cardboard packaging materials industry. The company develops highly innovative and state-of-the-art solutions in the converting and stacking, finishing, finished goods and reel logistics areas. These solutions work at high speeds of up to 500 meters per minute, resulting in a market leading position. CSiPackaging has approximately 40 employees and operates from its headquarters in Raamdonksveer(Netherlands) and from an office in Richmond (USA).

CSi Industries is a globally active developer and manufacturer of material handling and palletizing equipment, ranging from single robot palletizing cells to sophisticated multi load and line palletizing machines. CSi Industries is headquartered in Raamdonksveer and has 450 employees.

Torqx is a Dutch private equity firm that invests in medium-sized companies in the Benelux region with significant value creation potential, focusing on various funding situations including growth-, buy-and-build-, performance improvement-, turnaround- and transformation scenarios. Torqx is active in a wide range of industries including manufacturing, distribution and services, and typically acquires majority positions based on partnerships with entrepreneurs and management teams.

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