WEYLAND EUROPE

Summary

In December 2025, the Enact Fund acquired Par‑Pak Europe Limited and Holfeld Plastics Limited, together trading as Weyland Europe (formerly Waddington Europe), from a US‑based parent as part of a corporate carve‑out.

The Opportunity

Weyland Europe is a sustainable packaging specialist operating across the UK and Ireland, supplying thermoformed plastic packaging into food, pet food, medical and industrial markets, supported by in-house extrusion capabilities.

The business benefits from:

• A diversified blue-chip customer base including major supermarkets and foodservice providers
• Long-standing customer and supplier relationships
• A strong position within resilient end markets

The transaction provided an opportunity to:

• Establish a standalone platform with a clear strategic focus
• Support management alongside a UK-based investor with experience in corporate carve-outs
• Build on existing customer relationships and market positions
• Invest in capabilities to support long-term sustainable growth

The Impact

Enact is working in partnership with management to support Weyland Europe’s development as an independent packaging platform.

Key areas of focus include:

• Standalone development: Supporting the transition from a corporate carve-out to an independent, focused business
• Board and strategic support: Introducing experienced packaging specialists to complement the existing management team
• Commercial development: Building on established customer relationships to drive growth across core markets
• Operational investment and funding: Refinancing with Arbuthnot to provide working capital facilities that support the seasonal nature of the business and provide additional flexibility to deliver Management’s Value Creation Plan

Weyland Europe is well-positioned as a specialist packaging platform with strong customer relationships and a clear pathway for growth in attractive and resilient end markets.