Lindsay Goldberg Acquires Plasticum Group
Private equity firm Lindsay Goldberg LLC, New York, in Central Europe represented by Lindsay Goldberg Vogel GmbH, has acquired Plasticum Group B.V., the Netherlands. The Competition Authorities have approved the acquisition, that has been fully financed with own equity capital. It has been agreed that the terms of the acquisition will not be disclosed. Plasticum Group, with approximately 300 employees, had a turnover of EUR 61 million in 2011. The company produces special caps and dispensing closures for the Personal Care, Food and Home Care markets in four manufacturing facilities (Tilburg (NL), Ede (NL), Waldkirch (D) and North Walsham (UK)).Plasticum’s customers are renowned manufacturers of international brands and private labels.
Plasticum is currently mainly active in Europe, while the management plans an international expansion.
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