Enact funds carve out of £66m turnover packaging businesses
Private equity investor Enact Fund has backed the carve out of two packaging businesses, Waddington Europe.
The Manchester team at the fund, managed by private equity firm Endless, have bought Par-Pak Europe Limited and Holfeld Plastics Limited, which trade together as ‘Waddington Europe,’ from US headquartered group Novolex, which was owned by private equity investor Apollo after it acquired a majority stake from Carlyle in 2022.
Operating from three sites across the UK and Ireland, Waddington Europe is a £66m turnover pac... You can carry on reading TheBusinessDesk.com for free, but you have reached the maximum number of pages an unregistered user can view. To register for an account, click here or login below...
