One Equity Partners has entered into a definitive agreement to sell Walki Holding, a pan-European supplier of sustainable and high-performing packaging and engineered materials solutions, to Oji Holdings Corporation, a Japanese paper products technology company.
Founded in 1930 and headquartered in Espoo, Finland, Walki is a specialty packaging materials manufacturer, offering consumer and industrial packaging for food and specialty consumer products, as well as engineered materials, such as insulation and fire-retardant facings, sustainable membranes, and protective clothing applications.
The Company has 17 production facilities worldwide and employs more than 1,700 people. OEP’s acquisition of Walki closed in July 2018. More