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Announced

Completed

Hanmere Polythene completed the acquisition of Amerplast from Lonsdale Capital.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Completed

Containers and Packaging

plastic packaging

Private

Majority

Single Bidder

Acquisition

Cross Border

Private Equity

Friendly

Finland

Synopsis

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Hanmere Polythene, a manufacturer of recyclable polythene packaging products, completed the acquisition of Amerplast, a manufacturer of plastic film packaging products, from Lonsdale Capital, a private equity firm. Financial terms were not disclosed. ”We are very happy with our investment in Amerplast and the resulting return. The management team led by Mark Rooney has grown the business and substantially improved its profitability. The team has placed a strong focus on customers during the pandemic and secured a larger share of their business from key accounts. It is gratifying to have done this while helping the environment," Alan Dargan, Lonsdale Co-Founder.

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