Neopak

INVESTMENT YEAR: 2015 - Current

Neopak
BUSINESS DESCRIPTION:
Paper and Packaging
INVESTMENT PARTNERS:
Management
FUND:
ENTERPRISE VALUE
Not disclosed
INVESTMENT TEAM
Neopak
Neopak
Overview

Ethos Fund VI acquired Neopak in 2015 from Nampak alongside Twinsaver.  At acquisition, Neopak was a vertically integrated player in the South African recycled paper, corrugated and converting market, with a diversified customer set.  In 2020, the Neopak board took a strategic decision to dispose of Neopak’s remaining converting and corrugated operations.  Today the business operates as an independent paper mill out of Rosslyn and employs c.200 employees”