Royal Ten Cate sells Plasticum to NPM Capital
Royal Ten Cate, listed on the Euronext Amsterdam, has divested Ten Cate Plasticum to NPM Capital. Ten Cate Plasticum is a leading European manufacturer of high-quality injection moulded plastic packaging products. The company designs, develops and manufactures aerosol & dispensing packaging solutions and closure & container products for the personal care, pharmaceutical, food, beverage and household industries. Ten Cate Plasticum has 200 employees in the Netherlands, Germany and the United Kingdom and realises a turnover of Euro 36 million.
PhiDelphi Corporate Finance acted as advisor to Royal Ten Cate.