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French biopolymer firm Lactips and Finnish packaging converter Walki signed a Joint Development Agreement to create fully biodegradable, paper-stream recyclable food packaging using natural polymer coatings.
Walki completed an investment of more than EUR 6 million in a new production line called The Bridge at its Steinfurt plant in Germany, to make recyclable fibre-based barrier board and flexible packaging.
One Equity Partners announced completion of its sale of Walki Group Oy to Oji Holdings Corporation. Walki is a packaging manufacturer.
Walki Group completed the acquisition of 100% of the shares of Westpak Oy Ab and Flexipack Oy Ab, Finnish flexible packaging producers serving Nordic food brands. Combined 2021 sales were about EUR 40 million; the price was not disclosed.
Walki Group signed a definitive agreement to acquire 100% of Westpak Oy Ab and Flexipack Oy Ab, Finnish flexible packaging producers with about EUR 40 million combined 2021 sales, subject to competition approval. The price was not disclosed.
Walki Group signed a definitive agreement to acquire a majority stake in Plasbel Plasticos S.A.U., a Spanish maker of recycled and compostable bags and flexible packaging with a facility in Murcia. The purchase price was not disclosed.
Walki Group signed a license agreement with Smart Planet Technologies to use its Earth Coating plastic reduction technology in packaging applications for the European market. The license covers seven product application verticals.
SABIC, with customers Unilever, Vinventions and Walki Group, announced the launch of ISCC certified circular polymers to be produced at SABIC's Geleen site in the Netherlands from TACOIL feedstock supplied by Plastic Energy. The products will be introduced to market in 2019.
One Equity Partners Europe signed an agreement to acquire Walki Group, a Finland-based technical laminate and protective packaging material producer, from Finnish private equity firm CapMan Buyout.
Funds managed by CapMan Buyout agreed to sell their holdings in Walki Group, a producer of fibre-based laminates and packaging materials, to private equity firm One Equity Partners. Financial terms were not disclosed.
