Mentha invests in Dutch specialist in sustainable packaging Multitubes Group
Mentha has entered into a partnership with Multitubes Group to enable further growth. Multitubes was founded in 1999 by the Rensen family and has since grown into a specialist in sustainable packaging with customers throughout Europe. The company was the first in the world to launch a negative CO2 emission tube onto the market made from sugar cane. In addition, all tubes produced by the Multitubes Group are fully recyclable. The investment supports organic growth and paves the way for strategic acquisitions.
Multitubes offers a full range of packaging for cosmetics, food, pharmaceuticals and industrial products with its two factories and various sales offices. Flexibility, innovation, sustainability, and quality form the basis for the company which currently employs about 135 people. Multitubes focuses on custom tubes, in addition to standard sizes, and therefore has the capacity to make and deliver almost every conceivable tube packaging including a range of prints and labels.
Rob Rensen, Managing Director of Multitubes: “Our company has grown rapidly in recent years, which is down to the teamwork, dedication and motivation of everyone who works here. With Mentha as a financial partner, this growth can be sustained, and we have more clout to make a sustainable difference in packaging internationally.”
Mentha chose to take a stake in Multitubes because of the company’s innovation efforts, the importance placed on sustainability, as well as the entrepreneurial character of the founders. The focus in the coming period will be on growth, including growth through acquisitions, and the joint development of the most innovative and qualitative packaging for the various sectors served by Multitubes.
Mark van Ingen, partner at Mentha: “Multitubes originated from the drive and pioneering mentality of the Rensen family. In the past 21 years they have managed to turn it into a very mature company. The culture of Multitubes and the DNA of the founders is very much in line with that of Mentha; we speak the same language and are clearly complementary to each other. The initiatives taken on the sustainability of plastics also appeal to us, and together we will work hard to remain at the forefront of the packaging industry.”