One Equity Partners-backed Walki Group completed the acquisition of a majority stake in Plasbel Plasticos.

One Equity Partners-backed Walki Group, a packaging company, completed the acquisition of a majority stake in Plasbel Plasticos, a manufacturer of sustainable packaging solutions. Financial terms were not disclosed. “We are excited to become part of Walki’s family and enter into this new phase of growth, with the aim to consolidate our leadership in Spain and further expand Plasbel’s geographical reach. In addition, the complementary R&D capabilities will help the combined entity to become a leading biofilm converter with attractive expansion opportunities across Europe," Antonio Beltran, Plasbel CEO.