Sun Capital Partners has acquired Betts, a provider of printed laminate tubes for the oral care and personal care sector. No financial terms were disclosed.
We are pleased to announce that an affiliate of Sun Capital Partners, Inc. has acquired Betts, a leading producer of printed laminate tubes for the oral care and personal care sector. The purchase price was bridged by an affiliate of Sun Capital Partners, Inc.
Betts operates manufacturing facilities in Mexico, England, Poland, Indonesia and India supplying over 2.0 billion tubes to customers in more than 45 countries. As one of the largest companies to focus solely on laminate tubes, Betts has become a preferred supplier to the world’s leading fast moving consumer goods companies and a wide range of regional customers. With revenues of approximately £80.0 million, Betts is headquartered in the UK and has approximately 1,900 employees.
About Sun Capital: Sun Capital Partners is a leading private investment firm focused on leveraged buyouts, equity, debt and other investments in market-leading companies that can benefit from its in-house operating professionals and experience. Sun Capital affiliates have invested in over 230 companies worldwide since inception in 1995, with combined sales in excess of $40 billion. Sun Capital has offices in Boca Raton, Los Angeles and New York, and affiliates with offices in London, Paris, Frankfurt, Luxembourg, Shanghai and Shenzhen.