Twinsaver

INVESTMENT YEAR: 2015 - Current

TwinSaver
BUSINESS DESCRIPTION:
Industrials (FMCG)
INVESTMENT PARTNERS:
Management
FUND:
ENTERPRISE VALUE
Not disclosed
INVESTMENT TEAM
Twinsaver
TwinSaver
Overview

Twinsaver is a leading manufacturer of consumer tissue in South Africa. The business is a market leader in the 1-ply segment and is the second largest player in the 2-ply segment.  In addition to consumer tissue, the business manufactures “away-from-home” tissue and certain other disposable household products such as paper towels and serviettes.

Twinsaver owns 50% of Neopak Recycling (jointly acquired with Neopak), a national recycling business which primarily collects waste paper for Twinsaver and Neopak.

Most recently, Twinsaver acquired Validus Medical (a leading manufacturer of hygienic disposable products) and Sylko (a leading supplier of quality disposable and recyclable household products).  These investments are part of Twinsaver’s strategy to focus on establishing the business as a diversified FMCG company.

Twinsaver employs c.700 people across its operations.