Transaction
Decowraps acquired all activities in MATE International. Rembrandt Mergers & Acquisitions assisted the sellers in realizing this transaction.
MATE International
MATE has been a wholesaler and importer of “added value products” for the flower and plant sector for more than 20 years. Products they trade are decorative baskets, pots, glasses, vases, etc. These products mainly go to the plant parties, they put a plant in it and then the whole thing goes to a supermarket or a florist.
More information is available at:
https://mate-international.com/.
Decowraps
Decowraps mainly supplies innovative packaging and designs for flowers and plants. They had recently also started with a number of products similar to the MATE range. With the acquisition of MATE, Decowraps aims to achieve an even higher level in both service and product development.
More information is available at:
https://www.decowraps.com/eu_en/about-us.