Ngoc Nghia Industry

Industrials

Private

Asset Class: Private Equity

Dates Invested: 2019 – 2022

Entry Method: Public Equity

Ngoc Nghia is one of Vietnam’s leading PET packaging manufacturers, specialising in the production of PET preforms, bottles and plastic closures for the food, beverage, personal care and household industries. We acquired the publicly listed company and de-listed it to restructure and optimize operations. After working with the founders to build significant value, we successfully exited the investment via a trade sale to a global leader in sustainable chemicals and PET production.

Investment Rationale:

This investment offered an attractive opportunity to capitalise on Vietnam’s growing consumption of packaged beverages and consumer goods, supported by its leading market position and established relationships with blue-chip multinational customers. The investment thesis centred on operational improvements, manufacturing efficiencies and balance sheet optimisation to unlock earnings potential, alongside strategic value to global packaging players seeking exposure to Vietnam’s high-growth consumer market.

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