Clearwater International advises Meuwissen on its sale to Walki
Clearwater International has advised Meuwissen, producer of building and construction products, on its sale to Walki Group (Walki), producer of technical laminates and protective packaging materials.
Meuwissen is an independent, family-owned company, founded in 1954 and located in Haarlem, the Netherlands. The company produce extrusion coated flexible multi-layer products for the building, construction, and industrial packaging markets. Meuwissen’s products add value to their customers business by protecting their products and buildings against their environment, resulting in a reduction of the total cost of ownership.
Walki is a leading producer of technical laminates and protective packaging materials, specialising in the production of fibre based, intelligent, multi-laminate products for markets as diverse as energy saving construction facings to barrier packaging applications. The group has operations in Finland, Sweden, Germany, Poland, the UK, Russia, and China, with a workforce of approximately 1,000 people. Walki is owned by Nordic private equity investor CapMan and Walki’s management, with annual net sales of €300m.
The acquisition of Meuwissen is an important step in Walki’s European expansion plan. Walki will benefit from Meuwissen’s entrepreneurship and strong European client network, while Walki’s state-of-the-art technical knowledge will contribute to the product development and production process of Meuwissen.