Dijkstra Plastics and Navitas Capital reach agreement on intended partnership (*)

Dijkstra Plastics and Navitas Capital have reached an agreement on their intended partnership. Navitas Capital will acquire a majority stake in Dijkstra Plastics. Dijkstra Plastics, a third-generation family business, is a leading producer of high-quality 100% recyclable plastic packaging buckets.

The partnership with Navitas Capital is in line with Dijkstra Plastics’ ambition to continue to grow in offering innovative, high-quality and customer-specific packaging solutions, with a strong focus on sustainability and circularity. From two production sites in the Netherlands, Dijkstra Plastics supplies sustainable packaging buckets for a wide range of markets, including food, paint & construction, pet food, garden & fertilisers, pharma, chemicals, industry and other non-food. The company has nearly 50 years of experience in the production of plastic packaging solutions and offers a closed-loop (return) system for used packaging with FIRE-OFF. The current management of Dijkstra Plastics will continue the existing strategy, with corresponding objectives and ambitions.

Auke Dijkstra (CEO Dijkstra Plastics):

“Since its establishment, our company has grown into one of the largest producers of plastic buckets for both the food and non-food industry. Close customer engagement makes sure we have a deep understanding of our customers and the supply chains they operate in. We strive for intensive cooperation with our partners in order to achieve joint circular ambitions. Through the partnership with Navitas Capital, building on our strong company culture, we can operate even more effectively, something that is necessary these days when challenges are great for everyone. Together with Navitas, we can continue to grow and further strengthen our market position.”

Ernst-Jan Koziolek (Investment Director Navitas Capital):

“We are enthusiastic about our intended investment in the family business Dijkstra Plastics. In a sector where sustainability is becoming increasingly important, the company is leading the way with innovative solutions and a clear focus on the long term. What particularly appeals to us is the strongly rooted family DNA, combined with customer focus, delivery reliability and long-term relationships, qualities that all together provide clear added value for the customer. Dijkstra Plastics has a strong foundation and is very well positioned to continue its growth path. We look forward to a successful partnership.”

 (*) Completion of the transaction is subject to approval by the Authority for Consumers and Markets