Middle market private equity firm One Equity Partners has completed the acquisition of protective packaging materials producer Walki Group from CapMan Buyout for an undisclosed sum.
Image: One Equity Partners has acquired Walki Group. Photo: courtesy of rawpixel / Unsplash.
Walki Group, which produces technical laminates and protective packaging materials, is specialized in the production of fibre based, intelligent and multilaminate products for energy saving facings, construction membranes and barrier packaging applications.
The company has production facilities in inland, Germany, the Netherlands, Poland, the UK, Russia and China.
Walki’s expertise in multilaminates is helping the firm to develop solutions for flexible packaging applications, in addition to barrier board and lining materials for the solid case and corrugated industry.
Specialist barrier coated and laminated materials will be used to protect packed products, reduce waste and improve functionality of the finished pack.
The company manufactures specialist products such as wrappers for paper industry reels, and printed wrappers for A4 and A3 cut size and folio reams.
Walki has developed a range of barrier boards for the folding carton market. The barrier boards help to reduce the use of inner wrapping for foodstuffs.
Barrier board is used for applications for direct food contact, as well as for non-food packages in end-use sectors such as frozen food, fresh food, non food, detergent, pet food, menu trays and lids, cosmetic, beverages and tobacco.
The firm’s barrier lining materials are developed and optimised for the solid board, corrugated board and honeycomb.
The company combines flexible packaging materials paper with materials such as plastic or aluminium foil to meet the requirements of protection, hygiene, preservation time and sustainability.
Walki is also a major producer of reel wrappers for paper industry reels, with an expertise in paper packaging.
The firm also produces packaging for office and graphical papers. Its ream wrappers provide enhanced protection from moisture, dirt and mechanical damage, as well as better runnability on the packaging lines.
One Equity Partners mainly focuses on investing in the industrial, healthcare, and technology companies in North America and Europe.