BEWiSynbra Group AB is one of the leading producers of expandable polystyrene (EPS) in Europe. The Group is strategically integrated throughout the value chain with an annual production capacity of 185,000 tonnes of the raw material EPS beads and with market leadership positions for its solutions for Packaging & Components and Insulation in several European countries. EPS, also called cellular plastic foam, is among others used for packaging of food, pharmaceuticals and technical components, as well as insulation of buildings and infrastructure.
BEWiSynbra is currently owned primarily by the Bekken family, Gjelsten Holding AS and funds controlled by Verdane Capital. The Group has approximately 1,300 employees, and annual revenue and adjusted EBITDA of more than SEK 5,0 billion and SEK 0.5 billion, respectively, based on annualised year-to-date third quarter 2018 pro forma financials.