H2 Equity Partners (“H2”) is pleased to announce that it – together with HCV Investments as co-investor – has acquired a majority shareholding in One Way Plastics (“OWP”). OWP is a leading developer and manufacturer of high quality disposable piping bags for the international baking sector. H2 will support the management of OWP with its expansion in Europe and the US.
Gert Jan van der Hoeven, Managing Partner of H2 Equity Partners:
“H2 is impressed with the innovative, unique products of OWP and its highly automated production process. The company is well placed to accelerate its international growth through additional investments in marketing & sales and production capacity. We look forward working with Jan van der Straaten and his team.”
Jan van der Straaten, Founder and Managing Director of OWP:
“We are excited to have H2 on board as our partner. H2 has hands-on experience with the internationalization of comparable businesses through targeted strategies, as well as the creation and expansion of state-of-the-art production infrastructures. We look forward to growing OWP still further with the support of H2.”
About One Way Plastics
OWP is a leading developer and manufacturer of high quality disposable piping bags for bakers and chefs. The company was founded in 1996 by Jan van der Straaten, who recognized that a high quality disposable piping bag can improve the efficiency and speed of production, while also improving hygiene.
Jan and his team have developed a comprehensive range of sophisticated, disposable, plastic piping bags as substitutes for the classic cotton piping bag. Thanks to the company’s patented production process, OWP’s piping bags are state-of-the-art due to the unique combination of their high strength, solid grip and the ability to withstand a wide range of temperatures. Its unique products have helped make OWP the world market leader its segment. OWP is headquartered in Oosterhout, The Netherlands. For more information, please visit: www.onewaypipingbags.com
About H2 Equity Partners
H2 Equity Partners, founded in 1991, is an independent investment firm with offices in Amsterdam and London. H2 focuses on medium sized companies that are uniquely positioned and provide significant growth potential. H2 offers these businesses a combination of capital and active management support to realise the untapped potential. H2 has a robust, multi-sector, track record in building stronger companies, with a sustainable competitive advantage and profitable growth. The investments by H2’s Amsterdam team are funded by its partners and, in certain cases, with co-investors.