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Trioworld to acquire Wentus
Trioworld to acquire Wentus

Press release -

Trioworld to acquire Wentus

On December 30, Trioworld Group signed an agreement to acquire the German company Wentus GmbH (Wentus), a leading player in solutions for high-performance food-, consumer- and hygiene packaging, from Egeria Group.

“We are very pleased and excited to welcome Wentus into the Trioworld group. The acquisition will give us the opportunity to grow an even stronger position in the market for advanced food-, consumer- and hygiene packaging, in Europe and in North America. Wentus has a proven track record of supplying the market with premium products and superior support, to maximize value for customers. “We have great confidence in the capabilities of the Wentus organization and management and look forward to joining forces and continuing the successful journey” says Andreas Malmberg, CEO of the Trioworld Group.

“We are very pleased to have found a partner in Trioworld that is a perfect fit for us and whose product portfolio is ideally complemented by Wentus. We are looking forward to working with a professional and ambitious team that we have already had the opportunity to get to know intensively during the sales process and whose management culture suits us well” says Mr. Christof Renz, Managing Director of Wentus. “Both parties bring strong product portfolios to the market, with unrivalled service and competence. Together we will be able to create more value for our customers,” continues Mr. Renz.

The transaction is subject to customary regulatory requirements and approvals. The Trioworld Group will, after the transaction is completed, own 100% of the shares.

For more information, please contact:
Andreas Malmberg, CEO of Trioworld Group, +46 70 2087291
Evert Paardekooper, Division President Consumer Packaging, +31 653 370785
Christof Renz, Managing Director Wentus, +49 151 1852 03 40

About Wentus
Wentus GmbH, the specialist in high-tech skin packaging films and an extensive and innovative product portfolio based in Höxter, has been developing and producing sustainable and easily recyclable packaging solutions since 1965. Around 230 employees, a flat hierarchy and a complete in-house production chain enable the rapid development of customized solutions for various requirements. With its own sales structure, strong sales partners, and representatives in the DACH region, Benelux, and south-west Europe, Wentus supports customers locally and thus guarantees the highest level of customer orientation and the best service. For more information: www.wentus.de.

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About Trioworld Group

Trioworld was founded in 1965 and since 2018 under the ownership of Altor Fund IV. Altor is one of the leading Nordic Private Equity firms, focused on building world class companies. Driven by continuous development of innovative and sustainable plastic film products, Trioworld is one of the leaders in the segment, with a turnover of 900 million EUR and approximately 1.700 employees.

The Group´s head office is in Smålandsstenar, Sweden, with production and recycling sites in Sweden, Denmark, the Netherlands, France, the United Kingdom, and Canada. Products and solutions are sold around the world. For more information: www.trioworld.com


Contacts

Helena Hed

Helena Hed

Press contact Group Director, Marketing & Communications 0706437975

Welcome to Trioworld !

Trioworld is a leading supplier of innovative, high-performance plastic film, providing solutions for consumer- and industrial packaging, transport packaging, agriculture, hygiene, and medical technology. The company is a leading player in the sector with an annual turnover of 1 billion EUR and 1800 employees. The group´s head office is in Smålandsstenar, Sweden, with production and recycling sites in Sweden, Denmark, the Netherlands, France, Germany, the United Kingdom and Canada. Products and solutions are sold around the world.

Trioworld
Parkgatan 10
SE-333 23 Smålandsstenar
Sverige
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