Industrial
Weener Plastics (“WP”) is a leading provider of innovative plastic packaging solutions, supplying the world’s leading A-brands and private label players. It focuses on the design, development and manufacturing of value-added caps and closures, deodorant sticks and roll-ons, and other innovative packaging for the personal care, food and beverage, home care and healthcare industries.
We invested in WP in 2015 and have supported its international growth strategy through expansion into new product categories such as pharma packaging, and strengthened its position in its existing segments. During this period WP also completed four bolt-on acquisitions, significantly reinforcing its presence in Latin America and Europe, and delivered consistent growth, doubling its EBITDA under our ownership.
“Our partnership with 3i has been very successful. We have expanded into new geographies, significantly grown the size of our business and laid the foundation for WP to be the reference player in innovative and sustainable plastic packaging solutions.” Adrian Whitfield, CEO, Weener Plastics
Regulatory information
This transaction involved a recommendation of 3i Investments plc, advised by 3i Germany.