An affiliate of Sun European Partners, LLP (“Sun European Partners”) has announced that it has completed the acquisition of Kobusch–Sengewald, an international producer and processor of custom–designed plastic packaging from Pregis Corporation .
Kobusch Sengewald is a leading provider of high value, bespoke, plastic–based flexible and semi–rigid packaging solutions to the food, chemical, hygiene product and medical sectors. The business benefits from its unique technical capabilities, custom–made product offering, and geographical presence providing a “one–stop–shop” of tailored solutions to customers across multiple jurisdictions. Kobusch Sengeweld employs over 1,100 employees across six sites located in Germany, Egypt and the United Kingdom. The Company’s range of manufactured products includes flexible films, ready–made bags, pouches and sleeves.
Sun European affiliates have significant experience in the packaging industry and since inception have completed more than 30 acquisitions in the packaging sector. Total combined revenue of affiliated portfolio companies in the packaging sector are in excess of $4.1 billion and include companies such as Albéa, a global leader in the plastic beauty packaging market; Paccor, a European rigid plastic packaging manufacturer of plastic cups, containers, lids and trays for the dairy, fresh food and edible fats sector, and The Britton Group, a leading European provider of flexible packaging solutions with extrusion, printing, lamination, and conversion capabilities.
Contact:
Fergus Wheeler
FTI Consulting
Tel: +44 (0) 20 3727 1522