The entities included in the new BEWi Group have a combined estimated turnover pre-merger in 2014 of about €190 million. But Göran Wikström, former Chairman of Verdane Capital-owned StyroChem and now in the same position in BEWi Group expects higher sales already this year: “These are four solid companies with sound financials and excellent market positions. And we see significant synergies, including that we through the merger will have access to the entire production chain, from raw material to finished product. It also allows us to further strengthen our customer focus.”
The new BEWi Group includes the following entities:
BEWi StyroChem: commodity production in one facility in Finland.
BEWi ThermiSol: product manufacturing in four facilities in Sweden.
BEWi Packaging: packaging producer in two facilities in Sweden.
BEWi Flamingo: packaging producer in four facilities in Denmark.
BEWi Holding Norge is not a part of BEWi Group and will continue to be a separate company including the following entities: BEWi Produkter, BEWi Polar and BEWi Norrplasta.