Argo assisted the Asteria Group with the financing of new acquisitions in Spain (Coreti), Finland (Nordic Label) and Estonia (Digiprint)

Over summer, Argo’s banking team acted as transaction counsel to the Asteria Group, Waterland PE and a syndicate of lenders including KBC, Belfius, ING, Caisse d’Épargne, Hermes AM and Rabobank, assisting on a refinancing of the existing credit facilities of the Asteria Group, and the financing of new acquisitions in Spain (Coreti), Finland (Nordic Label) and Estonia (Digiprint).

Asteria Labels & Packaging is an international group active in production of a wide range of printed packaging materials such as labels, flexible packaging, boxes etc. Each of the targets are leading printing and labelling manufacturers in their home markets.