Bounty Brands acquired Stella Pack

Bounty Brands, the fast moving consumer goods business with a portfolio of leading brands that are sold in over 40 countries, acquired Stella Pack, Poland’s leading manufacturer of recycled refuse bags and other non-chemical household products. The addition of Stella Pack represents a further expansion of Bounty Brands’ Home Care activities, which are focused on non-chemical kitchen and cleaning accessories. It is complementary to its Tuffy business in South Africa, which manufactures and distributes a range of recycled refuse and carrier bags, as well as food bags and other household products. Stefan Rabe, Chief Executive Officer, said: “With these acquisitions we continue to make good progress on our strategic aim of creating a successful multi-national consumer brands business delivering superior and sustainable growth. In particular, Stella Pack further diversifies our income stream geographically and provides us with leading brands in Home Care in a key CEE market.”