Rutland Partners LLP, a U.K.-based private equity partnership, has completed the acquisition of the CeDo group of companies from DELTON AG, a German company for £52.2 million. The transaction was initially announced July 29, and was conditional on merger control clearances which have now been received.
CeDo is a manufacturer of household disposables, manufacturing both own-label and proprietary products. The company is focused on growing its business in the United Kingdom, Germany and France.
Additionally, CeDo’s products use a significant amount of post-consumer recycled plastic in its plastic products at its three manufacturing plants in the UK, Poland and China. This has been made possible by the high grade tailored output produced from CeDo’s own post-consumer plastic recycling facility in the Netherlands.