One Equity Partners (OEP), a middle market private equity firm, has entered into a definitive agreement to sell Walki Holding Oy (Walki), a pan-European supplier of sustainable packaging and engineered materials solutions, to Oji Holdings Corporation (Oji Group), a Japanese paper products technology company.
Walki offers 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. It has 17 production facilities worldwide and employs more than 1,700 people.
OEP’s acquisition of Walki closed in July 2018, and since the company has seen a revenue growth of 125%. Further financial details of the deal were not disclosed.
