OEP has reached a final agreement to sell Walki to the Japanese Prince Group

On October 23rd, One Equity Partners (hereinafter referred to as "OEP") announced that they had reached a final agreement to sell Walki Holding Oy (hereinafter referred to as "Walki") to Japanese paper product technology company Prince Holdings Co., Ltd. (hereinafter referred to as "Prince Group").
Walki was founded in 1930 and headquartered in Espoo, Finland. It is a manufacturer of specialty packaging materials, providing consumer and industrial packaging for food and specialty consumer goods, as well as engineering materials such as insulation and flame retardant coatings, sustainable films, and protective clothing applications. The company has 17 production factories worldwide and employs over 1700 people. OEP completed its acquisition of Walki in 2018.
Marc Lindhorst, the Managing Director of OEP, stated, "We are pleased to assist Walki in implementing a transformational business expansion strategy centered on sustainable development." During the period of OEP's holding, Walki's revenue growth exceeded 125% and significant investments were made in long-term environmental sustainability, including the development of alternative materials and production methods, allowing customers to flexibly choose the most suitable packaging solutions to mitigate environmental impacts.
During the OEP holding period, Walki completed seven acquisitions, including the acquisition of Plasbel Pl á sticos in 2021, to leverage its expertise in producing recyclable and compostable packaging to support the significant expansion of the Valkeakoski factory in Finland.