Plasticum has been acquired by a private equity firm with the aim of strong international expansion.
Lindsay Goldberg Vogel bought the Netherlands-based firm but did not disclose the purchase price and said it has the ability to gain new customers through international investments.
Plasticum Group produces caps and dispensing closures for the food and home care markets in four manufacturing facilities, two in the Netherlands and one each in Germany and the UK.
“With the support of our new owner we want to drive international growth with our cost-effective and sustainable packaging solutions and continue to invest in Research and Development”, said Roel Zeevat, CEO of Plasticum Group.
Dr. Thomas Ludwig, managing partner at Lindsay Goldberg Vogel, said: “Plasticum is active in steady growing market niches and has good potential for further international expansion with its current customer base.”