Chiltern Capital has sold Strata Products to GreenCorp
Strata Products
Strata Products Ltd (Strata), founded in 1987, is a leading, design-led manufacturer of high-quality home and garden consumer products in the UK. The company has an extensive portfolio of sustainably manufactured products sold under a range of recognizable brands and private labels to a diverse mix of leading high street retailers, DIY specialists, garden center chains and supermarkets across the UK, Europe and North America. Chiltern Capital supported the management buyout of Strata as part of a carve-out from Berry Global Group, Inc. (Berry Global), a Fortune 500 developer, manufacturer and distributor of plastic products across a broad range of end markets.
The Deal
Lincoln International advised Chiltern Capital on the sale of its portfolio company, Strata, to GreenCorp, LLC (GreenCorp). In partnership with Chiltern Capital, Strata has established itself as a highly recognizable brand within the consumer products market. The addition of Strata to the GreenCorp platform will broaden Strata’s capabilities and strengthen its presence in the U.S. market.
Our Perspective
Matthew Buck, Managing Director at Lincoln International who led the transaction, commented, “We are delighted to have supported Chiltern Capital on the sale of Strata. Strata is an impressive business with a strong market position, and its combination with GreenCorp represents an exciting opportunity for the business to significantly expand its presence in the U.S.”
Chiltern Capital
Chiltern Capital is a UK-based private investor that backs profitable B2B businesses in the UK and Ireland with their own capital. The firm partners with founders, management teams and corporate vendors to drive transformational growth—organically and through targeted acquisitions—with the goal of building market-leading companies. Chiltern is a flexible capital provider that ensures the brand, legacy and culture of a business is maintained throughout the investment period. For more information, please visit www.chilterncapital.com.
GreenCorp
Headquartered in the U.S., GreenCorp is a diversified holding company providing business management, strategic planning and operational oversight to its subsidiaries and affiliates. The group’s operating businesses include US Merchants, American Plastics, Quantrelle Packaging Solutions and Greenline Transportation, providing manufacturing, packaging and logistics capabilities across North America and Europe. For more information, please visit www.usmerchants.com.
Lincoln served as a trusted advisor, leveraging its deep understanding of the specialist manufacturing market and its international reach and network of relationships to identify the right buyers for the business, ultimately delivering an excellent outcome for Strata's shareholders.
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