3i Group to Pump €250M into WPPG, Lindsay Goldberg Sells
June 05, 2015
3i Group has agreed to invest roughly €250 million in Weener Plastic Packaging Group, a manufacturer of plastic packaging systems. As part of the deal, Lindsay Goldberg will sell its stake in the company. WPPG generated sales of about €270 million last year, achieving a CAGR of roughly 8% between 2010 and 2014. Lindsay Goldberg acquired it in April 2012.