Wentus becomes part of Trioworld Group
On 30 December 2023, Egeria and the Trioworld Group signed an agreement to acquire Wentus GmbH. Wentus GmbH is therefore expected to become a new member of the Trioworld Group from the beginning of 2024.
As a financial investor, Egeria has accompanied and supported the development and transformation of Wentus into an innovative and sustainable film manufacturer with numerous trend-setting investments over a period of seven years. Now it is time to further develop the strengths we have built up together under the Trioworld umbrella and expand our market share. We would like to thank Egeria for the intensive and trusting cooperation and the great support throughout the years.
Trioworld was founded in 1965 and has been owned by Altor Fund IV since 2018. Altor is one of the leading Nordic private equity firms focussed on building world-class companies. Driven by the continuous development of innovative and sustainable plastic film products, Trioworld is one of the market leaders in this segment with a turnover of 900 million euros and around 1,700 employees. The group is headquartered in Smålandsstenar, Sweden, with production and recycling sites in Sweden, Denmark, the Netherlands, France, the United Kingdom and Canada. The products and solutions are sold all over the world.
Trioworld was the management team's preferred partner in the search for investors right from the start. We are very pleased to have found a partner in Trioworld that is a perfect fit for us and whose product portfolio is ideally complemented by Wentus. We are looking forward to working with a professional and ambitious team that we have already had the opportunity to get to know intensively during the sales process and whose management culture suits us well.
We are therefore particularly looking forward to the new developments in 2024 and would like to take this opportunity to wish you a successful, happy and healthy new year.
About Trioworld Group
Trioworld was founded in 1965 and since 2018 under the ownership of Altor Fund IV. Altor is one of the leading Nordic Private Equity firms, focused on building world class companies. Driven by continuous development of innovative and sustainable plastic film products, Trioworld is one of the leaders in the segment, with a turnover of 900 million EUR and approximately 1.700 employees. The Group´s head office is in Smålandsstenar, Sweden, with production and recycling sites in Sweden, Denmark, the Netherlands, France, the United Kingdom, and Canada. Products and solutions are sold around the world. More information at www.trioworld.com.
Wentus GmbH, the specialist for high-tech skin films and an extensive and innovative product portfolio based in Höxter, has been developing and producing sustainable and easily recyclable packaging solutions since 1965. Around 230 employees, a flat hierarchy and a complete in-house production chain enable the rapid development of customised solutions for various requirements. With its own sales structure, strong sales partners and representatives in the DACH region, Benelux and south-west Europe, Wentus supports customers locally and thus guarantees the highest level of customer orientation and the best service.