Monomoy Capital Partners has sold Katun Corporation to General Plastic Industrial

Lincoln International (“Lincoln”), a leading global mid-market investment bank, is pleased to announce that Monomoy Capital Partners (“Monomoy”) has sold Katun Corporation (“Katun” or the “Company”) to a Taiwanese buyer, General Plastic Industrial Co., Ltd. (“GPI”). The terms of the transaction were not disclosed.

Katun is one of the world’s leading providers of OEM-compatible imaging supplies, toner, photoreceptors and parts for copiers, printers and other equipment for the imaging industry. Headquartered in Minneapolis, Minnesota, Katun operates sales and distribution facilities throughout North America, Europe, Latin America, the Middle East and Africa, serving more than 11,500 customers in nearly 130 countries.

Over Monomoy’s ownership period, Monomoy and Katun developed an operationally focused strategic plan to transform the corporate carve-out into a well-disciplined design and distribution business despite challenging market dynamics. Katun has emerged as a world-class aftermarket imaging supplies company poised for continued growth under the ownership of a strategic partner.

Justin Hillenbrand, Co-Chief Executive Officer of Monomoy, said, “Lincoln’s process and execution expertise and focused senior banker commitment were critical in achieving a highly successful outcome for the Company, its employees and its shareholders.”

Bob Moore, CEO of Katun, added, “The Lincoln team’s strong buyer relationships and access to global acquirers were key in identifying partners with the most compelling fit. Lincoln also had a deep understanding of Katun’s value proposition and did an excellent job articulating our transformational story. We really enjoyed partnering with Lincoln on this transaction.”

Lincoln acted as the exclusive investment banking representative for Monomoy and Katun, working closely with the Company’s management team and shareholders throughout the sale process. This included providing advisory expertise and managing the preparatory, marketing, negotiation and due diligence phases of the transaction.

Monomoy Capital Partners has sold Katun Corporation to General Plastic Industrial
  • 2018
    Close Year
  • Business Services
    Industry
  • Private Equity
    Client Type
  • Strategic | Cross-border
    Transaction Type
  • USA | Taiwan
    Countries

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