Our Companies
Company
Wrap Film Systems
Sector
Food
Location
Telford
Status
Current
Background
Wrap Film Systems is one of the largest film and foil converters in Europe, producing a range of innovative dispensing products for use in the catering and hospitality sectors and, more recently, retail.
Deal Information
Deal size: £21 million
Deal type: MBO
Bought from: 3i / private shareholder
Date of investment: October 2007
Investment rationale
The business has an experienced and motivated MBO team with a good track record of profit and cash generation in the business. Wrap is a clear market leader in the supply of clingfilm and foil to the food service sector. Its unique patented product range is the key to driving growth in its core market and into retail. It has a strong and resilient customer base and is a highly scalable business with significant spare capacity.
