Intera Equity Partners has announced an investment in Orthex, Finland's largest manufacturer of household plastic products, aiming to expand its market presence and enhance growth strategies.
Target Information
Intera Fund I, managed by Intera Equity Partners, is investing in Orthex, the largest manufacturer and marketer of household plastic products in Finland. Following this transaction, the previous owners, Tiina and Kari Kallonen, will retain a significant minority stake in the company.
The partnership between Intera and the Kallonen family aims to expand and internationalize Orthex, striving to establish it as a leading provider of affordable household goods in Northern Europe. CEO Kari Kallonen has embraced Intera's ownership, stating, 'Intera is a dynamic and growth-oriented owner that will help us evolve and strengthen our position as a leading supplier of household goods.'
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Industry Overview in Finland
Finland's household goods industry is characterized by a growing demand for affordable, versatile plastic products. Companies like Orthex are increasingly adapting their product portfolios to meet the
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Intera Equity Partners
invested in
Orthex
in 2009
in a Management Buyout / Buy-In (MBO) deal
Disclosed details
Revenue: $12M