In the past the consistent further development of the product portfolio and of the manufacturing processes making them state of the art have decisively contributed to the success of the WEENER Group of companies. “The spectrum of expertise and possibilities that we can offer in the Group secures our competitive edge. This edge includes our innovative power, our broad technological basis and our proximity to customers thanks to our global reach. In Lindsay Goldberg we have found the ideal partner to also continue leading the Group of companies in this spirit in future,” says Johann Meinders, Board Chairman of WEENER Plastik AG.

 The new owner will seamlessly follow on from the successful strategy of the past years: In future corporate activities will also focus on healthy growth and strengthening the market position in global competition. With Lindsay Goldberg the further global orientation of the company can be pushed. All 450 jobs at the WEENER location and the other 750 jobs at the sites in the worldwide production network will be retained.

“WEENER is truly a Hidden Champion. Based on solid funding we will push WEENER’s international growth over the coming years leveraging our vast entrepreneurial experience,” explains Dr. Thomas Ludwig, CEO of Lindsay Goldberg Vogel GmbH. “We are very pleased to have found a new owner in the shape of Lindsay Goldberg who will continue leading the company in the spirit of the former shareholders and support the further international expansion of the WEENER Group with its entrepreneurial skills and capital,” says Johann Schröder, Chairman of the Supervisory Board of WEENER Plastik AG.

 It has been agreed to maintain silence concerning the details of the transfer of ownership.

WEENER Plastik

Since 1960 WEENER Plastik has designed, developed and manufactured innovative plastic packaging for the Personal Care, Food and Beverage, Home Care, Chemical and Pharmaceutical segments. This primarily includes primary packaging such as sealing caps, valve caps, beverage caps, plastic bottles, jars, dispensers and dosing systems. To ensure production and product distribution close to our customers’ filling plants the company operates sites in Hungary, Spain, Ireland, Russia, USA, Mexico and Brazil and cooperates with joint ventures and licensees on all continents. They form the global production network.

Lindsay Goldberg Vogel

Lindsay Goldberg LLC manages its own funds of approx. US$ 10 billion and is represented in Central Europe by Lindsay Goldberg Vogel GmbH, Duesseldorf/Germany. The partners of Lindsay Goldberg Vogel are Prof. Dr. Dieter Vogel, former Board Chairman of Thyssen AG, and Dr. Thomas Ludwig, former Board Chairman of Kloeckner & Co SE. The company supports strongly expanding small and medium-sized companies with expert advice and substantial financial resources so they might realise their full potential. Regardless of the owners’ given situation Lindsay Goldberg provides equity capital for financing growth or in favour of leaving shareholders. Both majority and minority shareholdings can be entered into. The team boasts longstanding experience gained in the top management of industry and service enterprises and focuses on a value-oriented and sustainable development of the acquired shareholdings: This is also documented by the Articles of Association of the Lindsay Goldberg Fund that allow for a 20-year holding period of the portfolio investments. Lindsay Goldberg currently invests using $ 4.7 billion of its own capital from the fund launched in May 2009.

For enquiries to Lindsay Goldberg Vogel contact:

Tobias M. Weitzel
BSK Becker+Schreiner Kommunikation GmbH
Tel.: +49 2154 - 81 22 16
Mobile:+49 177- 721 57 60
Fax:    +49 2154 - 81 22 11
email:  weitzel@kommunikation-bsk.de

For enquiries to WEENER Plastik contact:
Manuela Vinke
Industriestr. 1
26826 Weener /Germany
Tel.: +49 4951 306-0
Fax: +49 4951 306-150
email: M.Vinke@wppg.com