Amerplast Group

We’re pleased to have secured a significant refinancing package for Amerplast Group (Amerplast), an international flexible packaging solutions provider, to support its ongoing growth.

Amerplast, based in the UK, (Hertfordshire) with facilities in both Finland and Poland, manufactures a broad range of films, laminates, bags, and labels, from food packaging to anti-tamper security bags. The business has a focus on environmental sustainability and is one of the biggest users of recycled materials for packaging in Europe. 

Amerplast is backed by private investment firm, Chiltern Capital, who, alongside management, appointed FRP Corporate Finance’s Debt Advisory team to help refinance the existing financing package.

Our Debt Advisory team developed briefing materials, engaged lenders and led all credit-related commercial negotiations – successfully securing a new leveraged finance package provided by Investec and H.I.G. Bayside Capital Europe that significantly optimised the existing capital structure.  

This new funding will help support the management team’s ambitious growth plans, which include growth focussed investments and optimisation of the supply chain, while enhancing production capacity through continued facility development to augment a strong market presence in Europe. The new debt facilities also provide further undrawn capacity to add scale and capability via value enhancing M&A over the next three to five years.

Tom Cox, Debt Advisory Partner at FRP Corporate Finance, said: “Lenders are always keen to support high quality assets that have demonstrated robust performance and have clear growth potential. This was certainly the case with Amerplast, which attracted strong interest from potential funding partners. It has a highly experienced and ambitious management team, backed by a committed partner in Chiltern Capital.

“It was great to be able to help the business secure this refinancing which will support the next phase of growth, and we wish the Management team and Chiltern, all the best for the next stage of their partnership.

David Butler, Partner at Chiltern Capital, added: “Having worked with Tom and the team at FRP Corporate Finance before, we knew how valuable their support and expertise would be in securing the best terms for this refinancing.”

“The optimised facilities provide a great platform to continue the growth story of the business as a leader in European flexible packaging.”