# Ara Partners acquires Petainer

Private equity firm Ara Partners has acquired UK-based sustainable PET packaging producer Petainer, in partnership with Petainer management and affiliates of Next Wave Partners. Financial terms were not disclosed.

- Type: Acquisition
- Announced: 2022-06-28
- Status: completed
- Capacity: Eight sites in Europe, the Americas and Asia
- Products: PET packaging, refillable bottles, rPET
- Sectors: [Plastics and Polymers](https://endata.com/sectors/plastics-polymers.md), [Packaging](https://endata.com/sectors/packaging.md)

## Companies

- [Petainer](https://endata.com/companies/1001.md) (target)
- [Ara Partners](https://endata.com/companies/8481.md) (acquirer)
- [Next Wave Partners](https://endata.com/companies/9405.md) (partner)

## Sources

- [arapartners.com](https://www.arapartners.com/news/ara-partners-acquires-petainer/), 2022-06-28: "Ara Partners, a private equity firm that specialises in industrial decarbonisation investments, today announced that it has acquired Petainer Ltd."
- [prnewswire.com](https://www.prnewswire.com/news-releases/ara-partners-acquires-petainer-investment-to-support-growth-of-leading-sustainable-packaging-company-301576353.html), 2022-06-28: "Ara Partners today announced that it has acquired Petainer Ltd., a UK-based, global producer of sustainability-focused beverage packaging solutions."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.