M&A Deal Summary

Chiltern Capital Acquires Strata Products

On March 5, 2024, private equity firm Chiltern Capital acquired plastics company Strata Products from Berry

Acquisition Highlights
  • This is Chiltern Capital’s 1st transaction in the Plastics sector.
  • This is Chiltern Capital’s 15th transaction in the United Kingdom.

M&A Deal Summary
Date 2024-03-05
Target Strata Products
Sector Plastics
Buyer(s) Chiltern Capital
Sellers(s) Berry
Deal Type Divestiture

Target

Strata Products

Pinxton, United Kingdom
Strata Products is a manufacturer of home, office, garden plastic products. Strata offers a full-suite of plastic manufacturing capabilities, including injection, rotational and blow moulding, enabling it to deliver continuous development and improvement across its product portfolio. Strata Products was founded in 1987 and is based in Pinxton, United Kingdom.

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Buyer(S) 1

Buyer

Chiltern Capital

Investor Investor Investor Investor Investor

Category Private Equity Firm
Founded 2015
Size Small
Type Sector Agnostic
DESCRIPTION

Chiltern Capital is a private equity firm focused on investing and acquiring established and profitable small to middle-market UK-based companies. Chiltern seeks to invest £2 to £10 million per transaction and will consider opportunities in the business services, education, engineering, manufacturing, financial services, IT services, software, and technology sectors. Chiltern Capital was formed in 2015 and is based in London.

DEAL STATS #
Overall 16 of 16
Sector (Plastics) 1 of 1
Type (Divestiture) 1 of 1
Country (United Kingdom) 15 of 15
Year (2024) 3 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2024-02-22 Rapid Repair Network

Southampton, United Kingdom

Rapid Repair Network is a provider of same-day accident repairs. The Business has successfully grown its customer base and service capabilities and, upon investment, was delivering more than 10,000 same-day repairs per year to accident management companies, fleets and insurers Rapid Repair Network was founded in 2018 and is based in Southampton, United Kingdom. , .

Buy -

Seller(S) 1

SELLER

Berry

Evansville, Indiana, United States
Category Company
Founded 1967
Sector Plastics
Employees44,000
Revenue 12.7B USD (2023)
DESCRIPTION
Berry's corporate headquarters in Evansville, Indiana.
Berry's corporate headquarters in Evansville, Indiana.

Berry is a manufacturer and marketer of plastic packaging products for personal care, household, industrial, and transportation markets. Berry was incorporated in 1967 and is based in Evansville, Indiana.

DEAL STATS #
Overall 3 of 4
Sector (Plastics) 2 of 2
Type (Divestiture) 3 of 4
Country (United Kingdom) 1 of 1
Year (2024) 1 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2021-04-14 Promens Zlin

Zlín, Czech Republic

Promens Zlin is a Tier 1 system and development supplier, focused predominantly on large vehicle exterior and interior parts, which are key components in the production of buses, earth moving vehicles, and agriculture equipment. Promens Zlin was founded in 1991 and is based in Zlín, Czech Republic.

Sell -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2024-11-26 Tapes

Franklin, Kentucky, United States

Tapes is a manufacturer of pressure-sensitive tapes (specialty, foil, film, and duct) and adhesives. The Company offers more than 1,500 specialty SKUs across 500+ distinct product families to its diverse base of 1,500+ customers. The Company provides its specialty tapes and adhesives products to top customers serving the HVAC, Building and construction, Industrial, Retail, Medical, Aerospace, Automotive, and other specialty industries.

Sell -
Mergr

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