Transition Corporate Finance
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Variotech acquires Plastiforma
Transition Corporate Finance advises Plastiforma, a Dutch family-owned company specialised in plastic packaging and products, on its sale to Variotech
Amsterdam (11 December 2025) – Variotech GmbH (“Variotech”), a Germany-based partner for automation-ready handling and logistics solutions with a focus on high-quality plastic workpiece carriers and returnable load carriers, has announced the acquisition of Plasti Forma B.V. (“Plastiforma”), a Dutch family-owned company specialising in plastic packaging and plastic products. With this acquisition, Variotech strengthens its position in the European market and further expands its technological expertise and production capacity to support customers in automated industrial value chains.
Plastiforma, based in Enschede, is a leading player in the field of plastic packaging and plastic products. The company provides end-to-end solutions for customers across a wide range of end markets. Plastiforma supports its clients throughout the entire process, from initial concept and design through to final design and production. Over the past years, the company has built a strong reputation based on quality, flexibility and customer-focused solutions.
Variotech enables efficient, reliable and scalable automation processes by developing and producing customised plastic workpiece carriers and returnable load carriers that integrate seamlessly into automated manufacturing and intralogistics systems and serves customers worldwide. In order to realise its growth ambitions, the European private equity investor Gimv joined Variotech as an investor in 2022.
TCF represented: Seller
Transactie type: M&A
Countries involved: Netherlands, Germany
Industry: Manufacturing
Deal rationale: Internationalisation
The acquisition of Plastiforma fits seamlessly with Variotech’s growth strategy, which is focused on expanding its international footprint and strengthening its portfolio for automation-driven industrial applications. The combination of both companies creates a strong foundation for further growth, innovation and international collaboration.
Robert Morsman, CEO of Plastiforma: “Following the strong growth achieved in recent years and the expected expansion in the years ahead, we recognised the need to join forces with a strong partner. The cooperation with Variotech offers great opportunities to combine strengths, customers and expertise, while providing our employees with a solid long-term perspective. The TCF team supported me excellently throughout the process and ensured that discussions with Variotech were conducted in a constructive and harmonious manner.”
Benedikt Fleig, CEO of Variotech: “Plastiforma produces high-quality packaging solutions for highly reputable customers. By bringing Plastiforma into the group, we strengthen our ability to deliver end-to-end, automation-ready load carrier concepts — from development and design to industrialised production and international roll-out. We see significant potential for synergies and are delighted that Robert Morsman will remain actively involved as CEO of Plastiforma in the coming years. This acquisition represents Variotech’s first promising step into the Dutch market.”
Axel Fuhri Snethlage, partner at TCF: “We have been very impressed by the strong development Plastiforma has achieved and by Robert Morsman’s entrepreneurial drive. In Variotech, we have found a partner that can facilitate further growth while being highly complementary in terms of machinery, products and end markets — truly a perfect fit. It was a privilege to work with Robert and his team.”
Transition Corporate Finance (TCF) acted as exclusive M&A-adviser to the Seller in relation to the acquisition by Variotech.
For more information about Transition Corporate Finance or other M&A-related topics, please do not hesitate to contact us at axel.fuhri@transitioncf.com or visit our website www.transitioncf.com.
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