SVP wraps up deal for Linpac

Ollie Gordon
AMERICAN hedge fund Strategic Value Partners (SVP) has assumed control of British packing company Linpac, it emerged yesterday.

The buyout firm has acquired an 85 per cent stake, valuing the Birmingham-based company at approximately £200m, after receiving the green light from the European Commission late last year.

Linpac provides packaging for fish, meat and poultry products.

SVP declined to comment.