POINTERS
Britton acquired by CVC Capital Partners
One of the UK's leading producers of LDPE flexible films for packaging, Britton Plastics (London), has been acquired in a GBP 90m management buyout backed by CVC Capital Partners. The announcement ends uncertainty about the future of the company, which has 750 employees and 75,000 t/y in film extrusion capacity. Britton had sales of GBP 81.5m and pretax earnings of GBP 8.4m in 1997.
15.05.1998 Plasteurope.com [18671]
Published on 15.05.1998