Linpac Group sells five non-core "Speciality Businesses"

Linpac Group, the UK-based international plastic packaging manufacturer, has sold five stand-alone, non-core business units to funds managed by Chamonix Private Equity - the London-based private equity firm.

The sale completed on 31 December 2010.

The business units concerned are Linpac Storage Systems, Linpac Environmental, Linpac Recycling, Intellident and Linpac Metal Decorating - previously collectively known as the Linpac "Speciality Businesses".

They are based in the UK, although Intellident also has a small presence in France and the Netherlands.

They are non-core to the company, which will in future generate over 90% of sales from the manufacture, marketing and support of plastic packaging products and returnable transit containers/RTP.