Rutland Partners completes acquisition of CeDo GroupRutland Partners completes acquisition of CeDo Group

CeDo processes plastics, metal, and paper for its own-label and proprietary products such as trash bags, trash can liners, cling film, and aluminum foil. Most of its business is realized in the U.K., German, and French markets although it also reports increased demand in recent years in Eastern Europe. CeDo reports it is profitable on annual sales of around £185 million ($300.2 million). The company has processing facilities in England, Poland, and China as well as a large plastics recycling facility in The Netherlands.

Without as yet offering specifics, Rutland plans a wide-ranging restructuring plan and operational improvements to, it says, optimize manufacturing efficiency in the CeDo facilities. —[email protected]