(wppg) -- As part of the strategic further development and expansion of its business as well as a meaningful succession planning the shareholders of WEENER Plastik AG in Weener/Germany have decided to transfer their shares in the company to Lindsay Goldberg LLC, New York. Lindsay Goldberg LLC is represented in Central Europe by Lindsay Goldberg Vogel GmbH, Duesseldorf/Germany. The takeover is subject to approval by the Federal Anti-Trust Board.
"The spectrum of expertise and possibilities that we can offer in the Group secures our competitive edge. This edge includes our innovative power, our broad technological basis and our proximity to customers thanks to our global reach. In Lindsay Goldberg we have found the ideal partner to also continue leading the Group of companies in this spirit in future," says Johann Meinders, Board Chairman of WEENER Plastik AG.
The new owner will seamlessly follow on from the successful strategy of the past years: In future corporate activities will also focus on healthy growth and strengthening the market position in global competition. With Lindsay Goldberg the further global orientation of the company can be pushed. All 450 jobs at the WEENER location and the other 750 jobs at the sites in the worldwide production network will be retained.
Since 1960 WEENER Plastik has designed, developed and manufactured innovative plastic packaging for the Personal Care, Food and Beverage, Home Care, Chemical and Pharmaceutical segments. This primarily includes primary packaging such as sealing caps, valve caps, beverage caps, plastic bottles, jars, dispensers and dosing systems.