Investment in Weener Plastic Packaging Group

Industrial
Investment in Weener Plastic Packaging Group

Summary

Baird served as the exclusive financial advisor to 3i Group on this transaction.

About

3i Group Plc (“3i”) (LSE: III) recently invested approximately €250 million (c. £183million) in Weener Plastic Packaging Group (“the Company” or “WPPG”). The former shareholder Lindsay Goldberg Vogel has sold its stake in WPPG. Terms of the transaction were not disclosed.

WPPG designs, develops and manufactures added value caps, closures, roll-on balls, jars and bottles for the personal care, food and beverage, and home care market. The Company operates in close proximity to its customers with a production network of 24 locations in 15 countries and approximately 2,000 employees across the world. WPPG supplies a well-balanced customer portfolio with names such as Beiersdorf, Colgate-Palmolive, L’Oréal, Nestlé, P&G and Unilever. Weener Plastic Packaging Group is headquartered in Weener, Germany.

3i is a leading international investment manager focused on mid-market private equity, infrastructure and debt management across Europe, Asia and North America. It has approximately £13 billion of assets under management, of which over £3.8bn is invested through its private equity business. 3i is a Financial Times Stock Exchange 100 company and is headquartered in London, United Kingdom.

For additional information about this transaction, please contact:

David Silver +44 (0) 207 667 8216
Justin Albert +1 303 270 6381
Joachim Beickler +49 (0) 69 130 14951
Michael Wolff +49 (0) 69 130 14949
Sven Harmsen +49 (0) 69 130 14956
Industrial
Investment in Weener Plastic Packaging Group
Date
June 2015
Company
3i Group plc
Transaction
M&A
Sectors
Industrial
Target Geography
Europe
Acquiror Geography
Europe

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