Redacción Alabrent
The business has been strengthened with a new management team during the period of ownership by 3i Group, Baring Private Equity and other minority shareholders. This team has successfully restructured the business and has focused on international expansion and the development of high margin products. Today, Derprosa Film is one of the worldwide leading suppliers of specialty films for graphic arts applications for luxury packaging and is a leading supplier of films for flexible packaging converters in Spain.“Once part of the Ti Group, Derprosa Film will have access to resources deployed on all continents and will be able to accelerate the penetration of a set of very innovative technologies”, said Detlef Schuhmann, CEO of Ti Group.
Maite Ballester, Managing Director at 3i Spain, commented: “We have worked with the management team to accelerate the business by focusing on product development and entering new markets. In the last four years alone, the company has developed and launched more than 14 products and it also has a strong pipeline of products to launch. We are pleased to have supported the business and look forward to seeing the company’s continued growth.”
Taghleef Industries
Headquartered in Dubai, Ti currently has 8 production sites across the globe with a nominal capacity of 385,000 tons per annum. Ti develops, manufactures and markets BOPP (biaxially-oriented polypropylene), BOPLA (NATIVIA™ range) and CPP (cast polypropylene) films for snacks, confectionery, bakery/biscuits, fresh produce packaging as well as for labeling and adhesive tapes. Ti offers a portfolio of high quality transparent, white voided, metalized and high barrier films EXTENDO™ to its customers in more than 100 countries. www.ti-films.com