Package deal for French-German PE-backed firm

La Salle can report that Scunthorpe-based Moulded Fibre Products (MFP) who provide sustainable packaging solutions have been acquired by CDL Omin-Pac, an ecological packaging solutions company backed by Motion Equity Partners and Arkéa Capital.
Businesses acquired: Moulded Fibre Products Limited
Activities: Incorporated in 2012, the company are the UK's leading manufacturer and supplier of recyclable pulp packaging products. They are a supplier to the NHS, industrial and horticultural markets and provide packaging solutions to the fresh produce market as well as manufacturing products for healthcare companies
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Purchaser: CDL Omni-Pac
Activities: The PE-backed company are based in Germany and France and are solely focused on sustainable and preservation solutions to the Poultry, Food, and Medical sectors. The group consists of over 500 professionals.
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Additional info:
Richard Grimmer, MFP’s chairman, said:
"Last year it was clear that the team had some very exciting and ambitious growth plans to take MFP to the next level and we decided it was the right time to bring in a new partner to support this growth.
"It was important to me to bring someone in who could support the business achieve its ambitions, but also someone who understood the industry and was aligned in values. In CDL Omni-Pac I believe we have found that partner.
"I look forward to remaining involved as a director of the business in this exciting next chapter."
Cedric Rays, partner at Motion Equity Partners, added:
"After this second transforming acquisition under Motion Equity Partners ownership, CDL Omni-Pac is now a major European player in the packaging industry with a range of innovative and sustainable solutions in moulded fibre - a natural, recyclable and biodegradable material.
"The group offers a large range of products which naturally fits with MFP’s existing client-base. We also remain attentive to further build-up opportunities."
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