Funds managed by CapMan Buyout have agreed to sell their holdings in Walki Group to private equity company One Equity Partners. Financial terms of the transaction have not been disclosed.
“During CapMan’s ownership period Walki has successfully executed its growth strategy, both organically and through acquisitions. Walki has invested in the growing construction laminates segment in Western Europe whilst maintaining its leading position in the industrial packaging market. Walki has also expanded significantly in Eastern Europe," says Anders Björkell, Partner at CapMan Buyout.
“We are very satisfied to have One Equity Partners as the new majority owner. One Equity Partners has a successful track record in developing packaging companies globally and we share a common vision on how to grow Walki into an even stronger company to the benefit of our customers and employees. Further, I would like to thank CapMan for the continuous support during CapMan’s ownership," says Leif Frilund, President and CEO of Walki Group.
Walki Group is a leading producer of technical laminates and protective packaging materials, specializing in the production of fibre based, intelligent, multi-layer laminate products for markets as diverse as energy saving construction facings to consumer packaging.