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2016-05-09, 12:42

Petainer completes transaction with KKR Credit

Petainer UK Holdings recently completed the transaction with KKR Credit for a €100 million debt and equity investment. The funding from KKR Credit is being used to refinance the Company’s capital structure and also finance the implementation of the Company’s growth strategy. Next Wave Partners will remain the majority shareholders and KKR Credit is taking a substantial minority shareholding.

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Petainer is a global provider of innovative, high performance packaging solutions to a diverse range of consumer food and beverage end markets, including beer, wine, cider, carbonated soft drinks ("CSDs”), water and sauces. Petainer has specialist expertise in high stretch polymer engineering that it applies across much of its product portfolio to create differentiated and market disruptive packaging.

More information: www.petainer.com

Petainer UK Holdings, London, UK

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