Opulentia Capital seeks to invest in UK plastic businesses [Video]

Ruplas Group Limited is Opulentia Capital’s new vehicle which has been established to acquire companies in the industry to build a group with cumulative sales in excess of 100m GBP. They are looking to acquire convertors that have at least 10 years’ experience and revenues between £4m and £30m.

Recycled plastics will form a large part of the group as Opulentia sees that this segment will have a significant growth in the near future; growth that maybe slowed through the pandemics but all the lost ground will surely be recovered as the march towards more sustainable consumption will continue with renewed vigour.

Plastics and Rubbers is a segment with annual revenues of £27bn and it employs 162k people in the UK. Despite being such a large segment, it is very much a fragmented segment comprising of 5,800 companies. Where there is fragmentation, Opulentia is a specialist of consolidation with similar …