Next Wave Partners acquires WHEB stake in Petainer

Next Wave Partners has acquired co-investor WHEB Partners’ interest in the Petainer Group.

London, 25th March, 2014 – Petainer is a world leader in the manufacture of large container and refillable PET packaging and is also a leading player in the Scandinavian PET bottle market. It is recognised by its customers as being a leading, innovative protagonist in the development of sustainable packaging.

Next Wave Partners and WHEB acquired Petainer from Rexam PLC in November 2009.

Stephen Walls, Partner at Next Wave Partners and Chairman of Petainer said: “WHEB has been an excellent partner in the Petainer story and we look forward to investing alongside their private equity team again in the future.”

Media Enquiries:

Jonathan Brod

Email: jb@nextwavepartners.co.uk

T:  +44 (0) 203 005 7535

Notes to Editors:

Next Wave Partners is a growth capital private equity investor who back fast growing business services and consumer companies in the UK and Northern Europe. The firm manages c. €100 million and has seven investment professionals in its London office.  Its portfolio also includes Secured Mail, one of the UK’s fastest growing e-commerce logistics companies, SPA Future Thinking, one of the UK’s largest private market research agencies and Molinare, one of the UK’s leading TV & Film post production company.

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