Rosti A/S (Rosti) has sold its medical packaging and beverage systems division in the Netherlands, Rosti B.V. (Rosti Nederland), to Helvoet Holding B.V. (Helvoet) for an undisclosed consideration.
Rosti Nederland, based in Tilburg, is a plastic injection molding and contract manufacturing company active primarily in the life science sector as well as the food and beverage sector.
Helvoet is internationally active in the custom-made development and high-precision production of single and assembled plastic and rubber components for the automotive and industrial sector and medical packaging market. Helvoet has operations in Hellevoetsluis (Netherlands), Lommel (Belgium) and Pune (India) with sales departments in Detroit (USA) and Singapore.
Rosti is a leading manufacturer of high-precision plastic parts and provides related services to customers in the electrical, medical, automotive and food packaging industries. The Rosti group is an expanding international business, operating six manufacturing plants in China, India, Poland, the UK, Germany and Sweden. Rosti is owned by Nordstjernan, a Swedish family-controlled investment group.
Commenting on the transaction, Börje Vernet, CEO of Rosti, said: “As part of our strategic planning for organic growth and acquisitions, we conducted a review of all the businesses in our portfolio and concluded that Rosti Nederland will be better positioned for future growth as part of an organization with a strong market position in the Benelux region. Rosti’s strategic review is now complete, with clear actions for organic growth and plans for acquisitions in our target markets and regions.”
Oaklins' teams in the Netherlands and Sweden advised Rosti in this transaction, demonstrating once again how they can seamlessly support their client base by delivering professional advice in cross-border divestments. Their local expertise and knowledge were key factors that significantly contributed to maximizing value for the client.
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