Walki Group to acquire Finnish Plastiroll from Sponsor Capital.

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.