Colorman, one of Europe’s leading full-service print and packaging companies, has been acquired, subject to CCPC approval, by Woodberry Capital for an undisclosed sum.
Woodberry Capital is a non-institutional private equity firm which invests in businesses with the potential for long-term value creation. Patrick Doran, the CEO and Founder of Woodberry Capital, has significant experience in the print and packaging industry. Colorman was acquired from owners Clare Nixon, Gary Clarke and David Clancy.
Mark Nixon, the Managing Director of Colorman, will continue in that role following this transaction.
Announcing the acquisition, Patrick Doran said: “Colorman is an exemplar in the print and packaging sector in terms of its people, its technology and its innovation. It has constantly evolved during its 61-year history, anticipating market changes and developing its capabilities accordingly. The team at Colorman has, time and again, maintained the high standard expected by leading global companies in the technology and pharmaceutical sectors, amongst others.”
“This acquisition provides multiple opportunities to drive long term growth and build our future in the packaging industry on a pan-European basis. With the excellent management team and deep industry expertise, Colorman has a strong complementary fit with our commercial portfolio and areas of focus. We look forward to supporting Mark, the management team and employees as the business continues to develop and grow in the coming years.”
Managing Director Mark Nixon said: “I am pleased that Woodberry has invested in Colorman as its long-term growth perspective gels with our corporate ambitions. Additionally, Woodberry really understands our sector given Patrick’s professional background which represents a significant advantage to the management team and the business at large. It is important for colleagues, customers and suppliers to know that Colorman has a mandate for growth and development backed by the resources and expertise of Woodberry.”