Announced
Financials
Tags
Pending
Private Equity
Finland
biodegradable bags
Private
Friendly
Plastics
biodegradable films
Acquisition
Single Bidder
Synopsis
Walki Group agreed to acquire Plastiroll, a Finnish producer of biodegradable bags and films, from funds managed by Sponsor Capital and key personnel of the company. Financial terms of the transaction have not been disclosed. "With this transaction, we will significantly broaden our offering of sustainable packaging materials including compostable bags and films as well as recyclable dispersion coated fiber-based packaging", says Leif Frilund, President and CEO of Walki.
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