Procopé & Hornborg advises funds managed by Sponsor Capital and the management of Plastiroll Oy, in the sale of Plastiroll Oy to Walki Group Oy
Plastiroll, founded in 1983, is one of Europe’s leading producers of biodegradable bags and films, with more than twenty years of experience in developing and producing compostable films. These products are marketed under the well-known brands Bioska and Hauska. Plastiroll employs around 90 people, and roughly 40% of its EUR 30 million turnover is generated by export sales.
Walki Group is a leading manufacturer of technical laminates and protective packaging materials, specialising in the production of fibre-based, intelligent multi-laminate products for diverse markets such as energy-saving facings and construction membranes to barrier packaging applications. The Group has production facilities in Finland, Germany, the Netherlands, Poland, the UK, Russia and China. The Group has a workforce of around 950 people. In 2018, the Group’s annual turnover was EUR 317 million.
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