The Business

Strata Products (“Strata”) manufactures a range innovative, fully-recyclable home, office and garden products, under a variety of brands including Ward, Sankey, Heavy Duty Storage and Smart Storemaster Boxes. Strata offers a full-suite of plastic manufacturing capabilities, including injection, rotational and blow moulding, enabling it to deliver continuous development and improvement across its product portfolio, in order to best serve its global customer base.

The Deal

Chiltern has supported a management buyout led by CEO, Jay Ilsen, and as part of the transaction experienced PE CFO, Ian Hendrie, will join the Board. Management will be supported by the introduction of experienced PE and plastics manufacturing expert, Glen Sabin, as Non-Executive Chair.

Strata was previously a subsidiary of Berry Global Group, Inc. (“Berry Global”), a Fortune 500 developer, manufacturer and distributor of plastic products.

The Plan

Strata has a proven history of manufacturing high-quality, innovative plastic products and will look to continue working closely with its trusted customer and supplier base to capitalise on its strong market position. Strata will drive growth in the UK through new product development, as well as continuing its expansion in Europe and North America.