Norwest Equity Partners acquired Duni Corp, Inc. and Duni Supply, Inc. (collectively "Duni" or "the Company"), along with the management team. Duni is a leading full service manufacturer of disposable plastic containers and converter of premium paper products for customers in the foodservice and retail markets. The transaction closed on August 31, 2006. Financial terms were undisclosed.
Duni is owned by EQT.
INFO SOURCES
Norwest Equity Partners; EQT
FIRMS
Headquartered in Malmö, Sweden, Duni holds production facilities in Sweden, Germany and Poland. Duni’s major markets are Central and Northern Europe and the global reach spans more than 50 markets across Europe, Middle East, Africa and Asia-Pacific.
Duni has 3,300 employees in some 25 countries with net sales in 2005 of EUR 642 million.
Headquartered in Atlanta, Georgia, Duni Corp, Inc. and Duni Supply, Inc. designs and manufactures plastic food containers in Thomaston, Georgia, and paper tableware products in Menomonee Falls, Wisconsin. The Company's complete in-house design, converting, thermoforming, printing, and embossing capabilities enable it to offer distinctive products to its customers within the foodservice and retail markets.
LINKED TO
EQT acquired shares in Duni from the Bonnier Group
ADVISORS
Deloitte & Touche Corporate Finance LLC and Foley & Lardner LLP advised Duni AB. Faegre & Benson, LLP provided legal counsel to NEP.
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