Sparks - Deutsche Beteiligungs

Cartonplast, Europe’s leading supplier of reusable plastic layer pads and a top-five holding in Deutsche Beteiligungs’ (DBAG’s) portfolio, has successfully closed a €230m refinancing on the infrastructure market. The long-term refinancing package reduces the company’s ongoing borrowing costs, improves its maturity profile and provides financial flexibility to propel its strategic initiatives. With strong interest from institutional infrastructure investors, the transaction also provides third-party validation of Cartonplast’s resilient cash flow profile and the attractiveness of its business model.

Since DBAG’s initial investment in 2019, the strategic focus for Cartonplast has centred on geographical diversification, along with a broadening of its product and service suite. The new financing structure directly facilitates this growth, supporting expansion into adjacent reusable segments related to pallets and extending the use of layer pads to the cans market. Together, these initiatives are designed to drive the next phase of development, with ambitions to scale Cartonplast further as an international service platform.