Altor acquires Trioplast

With the fresh capital, Trioplast intends to continue investing in new technology to produce sustainable plastic.

Altor is currently investing from its Fund IV, which held a final close on €2bn in July 2014. It was 55% deployed as of October 2017, according to Unquote Data.

Company
Founded in 1965 by Vilhelm Larsson and headquartered in Smålandsstenar, Trioplast is a packaging producer and plastic manufacturer using recycled and raw materials.

Trioplast recorded a turnover of SEK 4.3m in 2017 and employs a staff of 1,000. The company's main office is located in Smålandsstenar. Production facilities are located in Sweden, Denmark and France and the products are sold globally.

People
Altor – Bengt Maunsbach (partner); Harald Mix (founder).
Trioplast – Andreas Malmberg (CEO).

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