This operation will accelerate the growth plan foreseen for the coming years, and reinforce the strategic plan that focuses on the manufacture of thermoformed trays for food and the circular economy.
The private equity firms Stellum Growth and Stellum Food&Tech have signed an investment in Envaplaster, a family-owned company based in Viana (Navarra), for a 40% stake. Envaplaster is engaged in the manufacture of plastic trays and thermoformed packaging mainly for the food sector.
The objective of the operation for the aforementioned private equity firms is to actively accompany Envaplaster in its growth plan foreseen for the coming years, which will enable the company to position itself as a relevant player in the expected consolidation of the sector.
“We are in the best moment to incorporate a partner that will help us boost the company and I am convinced that Stellum will provide a strong push that will allow us to consolidate the strategic lines we have been working on”, says Jorge San Juan, CEO of Envaplaster.
Envaplaster was founded in 1988. Since then, it has managed to position itself as a national benchmark in the sector for its quality and service. The company, specialized in the manufacture of thermoformed trays for food, is a pioneer in circular economy and has been certified since 2015 for the use of post-consumer RPET for the manufacture of foil.
Committed to the environment, the strategic plan launched in 2021 guides the company towards a circular economy with a focus on the customer, sustainability, orderly growth and the people who are part of the project.