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Groupe Sphère

SPhere (formerly SP Metal) is a leading European manufacturer of refuse bags and other consumer products, such as freezer bags, food wrapping and films.

Historically, the business has grown both organically and by acquisition since its inception in 1976, and is currently market leader in France, Spain and Benelux. It has a good reputation for technical and marketing innovation.

SPhere is involved in both ‘classical’ plastic-based products and biodegradable products.

Equistone invested through a capital development deal and holds a minority position alongside the management.

VALUE CREATION

Between 2003 and 2010, the group has completed several acquisitions, including a strategic one in the field of biodegradable plastics.

THE EXIT

Equistone sold its investment to the management and private investors, enabling the group to continue its external growth strategy and its development in the field of biodegradable products.

HOLDING PERIOD

Apr 2003 - Jun 2010

Country

France

Business Description

Industrials

Revenue Progression

€225m / €347m

Employees at ACQ.

-

Investment Type

Development Capital

ADD-ON ACQUISITIONS

Pichon Plastique
2008
Haussimont
2007
Autobar Flexible
2007
Brooks Business
2007
Biotec
2005
SK Folien
2005
Comset
2004
Chilwood
2004
Vita
2003
JM Plast
2003