A leading Nordic manufacturer and supplier of packaging and packaging materials

Stenqvist was acquired by Triton Fund I in May 2003

Stenqvist was established in 1894 in the south of Sweden. The company is one of the largest manufacturers and suppliers of packaging and packaging materials for various retail trades and selected industry segments in the Nordic region. Stenqvist offers a wide selection of paper and plastic carrier bags, packaging material and flexible packaging products for use in automated packaging processes.

The company had a diversified customer base including food retail, specialty retail and industrial applications. Manufacturing and sales operations were located in Sweden, Norway, Finland, Denmark, Poland and Austria. Triton acquired Stenqvist from the investment firm EQT.

Realisation

Triton sold Stenqvist to Mettler in December 2007.

At a glance
Country
Sweden
Fund
TRITON I
Investment date
May 2003
Realised
December 2007
Sector
Industrials
Company website
Key events since Triton's investment
  • Carried out a number of strategic, operational and financial initiatives
  • Implemented accelerated cost reduction measures