Support for the acquisition and financing of Technopac by NNZ

NNZ, a global player in packaging solutions, engaged Orchard Finance to guide them through their largest acquisition to date and its financing. The objective was clear: to develop a financing structure that would facilitate the acquisition of Technopac while supporting NNZ’s strategic growth ambitions. The result? A deal that not only strengthened NNZ’s financial position but also laid a solid foundation for the future.

Our strategy demands financial flexibility and expertise.

NNZ, originally focused on the agricultural sector, serves customers worldwide with its packaging solutions. However, this focus also entails risks. NNZ’s CFO, Erna van Leijden, explains: “The agricultural sector is subject to harvests and other seasonal factors. To mitigate these risks, we aimed to diversify and strengthen our presence in the industrial market. Technopac, a specialist in packaging for sectors like the pharmaceutical and chemical industries, fits perfectly into our vision. Taking this strategic step required a well-thought-out financing solution.”

The acquisition of Technopac required a complex financing structure. At the same time, NNZ’s existing financing was due for renewal, creating the opportunity to combine both needs into a single, strategic financing project.

A trusted partnership with Orchard

NNZ has worked with Orchard Finance for many years. According to Erna, this long-term relationship has been crucial: “At Orchard, they know our organisation inside out. They understand who we are as a family business, our history, and our ambitions. That makes all the difference, especially in a project of this scale. Their advice was not only technically strong but also tailored to our unique situation.”

From strategy to execution

Nicolai Knop, Partner at Orchard Finance, elaborates: “For NNZ, it was vital that the refinancing and acquisition financing complemented each other. This required managing multiple processes simultaneously, with speed and flexibility being critical. Thanks to the strong collaboration between NNZ and Rabobank, we were able to align the financing seamlessly with NNZ’s strategic goals.”

The process began with an in-depth analysis of NNZ’s financial needs and growth plans, followed by a structured approach that included:

• The refinancing process
• The structure of the acquisition financing
• Positioning the proposal to the bank

By proactively managing changes in market conditions, Orchard delivered a financing solution tailored to NNZ’s requirements.

A strong foundation for growth

With the acquisition of Tecnopac, NNZ has significantly strengthened its position in the industrial market. The new financing structure also ensures that NNZ remains agile in responding to future developments. Erna reflects on the process: “We succeeded in taking an important strategic step. Orchard guided us through every phase, from the initial analyses to closing the deal. Their expertise, reliability, and proactive approach made all the difference.”

Nicolai adds: “For us, the challenge is always to bring together various financial components. In this case, it involved refinancing and acquisition financing, both crucial for NNZ’s future. By closely collaborating with NNZ and the bank, we established a structure perfectly aligned with their ambitions.”

Looking ahead

The collaboration with Orchard not only resulted in a successful acquisition but also laid the groundwork for long-term financial stability. Erna explains: “The trust we’ve built with Orchard is invaluable. Thanks to their expertise and personal involvement, we can confidently continue building our future.”

At Orchard Finance, the team takes pride in this partnership. Nicolai concludes: “What drives us is working together to achieve sustainable growth and success. NNZ is a remarkable family business with big ambitions, and we’re proud to have contributed to their journey.”