With Head Quarters in Amsterdam and turnover of around €350m, Clondalkin Flexibles is one of the leading players in the European Flexible Packaging market operating in the Netherlands, Germany, Switzerland, UK, and also in the USA. Clondalkin Flexibles has an impressive range of differentiated flexible packaging products including stand-up pouches, shrink sleeves, barrier films, skin films, and bio-degradable films.
This transaction follows the sale of another serial Moorgate Capital client, British Polythene Industries PLC, which completed in August. BPI is Europe’s leading producer of polyethylene films, supplying the flexible packaging market and agricultural films industry amongst others. With turnover of approximately £500m, BPI has operations in UK, Belgium, the Netherlands, and North America.
BPI, which was listed on the London Stock Exchange, was acquired by RPC Group PLC, also listed on the London Stock Exchange.
With these milestone deals taking place in 2016 we are confident of more M&A activity in films and flexible packaging in 2017 and beyond.
For more information on Moorgate Capital and its transactions please visit:
http://www.moorgate-capital.com/news.
