• Sector: Consumer
  • Location: Midlands
  • Website: www.cofrescofoodservice.com
  • Date of investment: Oct-07
  • Exit date: Sep-15
  • GCP board members: Garrett Curran


One of the largest film and aluminium foil converters in Europe
Manufactures a range of innovative dispensing products for use in the catering, hospitality and retail sectors
Owns the “BacoFoil” brand

Why we invested

Experienced incumbent management team
Wrap Film was the clear market leader in the supply of cling film and aluminum foil to the foodservice sector through its unique patented range of dispensers
Strong resilient customer base with no particular concentration
Well invested manufacturing facility with significant spare capacity
Growing retail and export business

How we are making a difference

GCP played a key role in identifying and executing the strategic bolt-on acquisition of BacoFoil in order to help drive sales in the retail sector
Funded a second bolt-on acquisition which allowed the business to enter a new adjacent market sector – hair foil
Supported a significant capital expenditure program to both improve both operational efficiencies and develop new patented products for the retail sector
Through one of the GCP operational partners helped to develop the retail growth strategy which involved the companies first TV advertising campaign which was launched in Oct 13

GCP’s deal structure was very attractive and the team is fantastic in their support for our company and our strategy

Adrian Brown Managing Director, Wrap Film Systems