About Ludgate Investments
Ludgate Investmenst is a venture capital firm. Ludgate provides active corporate finance advice and access to venture capital for growing companies, as well as scout attractive investment opportunities for investors.
Ludgate Investments Headquarter Location
80 Cannon Street 52 Jermyn Street
London, England, SW1Y 6LX,
Latest Ludgate Investments News
Jan 12, 2021
US-based flexibles company ProAmpac has acquired Rapid Action Packaging (RAP). Graham Williams, RAP's chief executive: “Together with ProAmpac, we will create stronger solutions for our customers." The undisclosed deal allows ProAmpac to expand its reach into the ready-to-eat and fresh prepared markets. RAP designs and manufacturers cellulose-based packaging for products such as sandwiches, wraps, chicken tenders and salads. Ludgate, a European, sustainability focused investment company, announced its successful exit from one of its portfolio companies, RAP. Graham Williams, chief executive of RAP, said: “Our two companies are highly complementary, with a collaborative working relationship and a common strength in our research and innovation practices. “Together with ProAmpac, we will create stronger solutions for our customers. Our teams are a great cultural fit and we are excited to help ProAmpac serve even more customers in the retail market. I would like to thank Ludgate for their financial support and strategic guidance positioning RAP for an exciting future with ProAmpac.” Cincinnati-based ProAmpac is owned by Pritzker Private Capital along with management and other co-investors. With the addition of RAP, ProAmpac has 37 sites globally, with nearly 4,800 employees supplying more than 5,000 customers in 90 countries. ProAmpac manufactures flexible packaging for various consumer, healthcare, e-commerce, retail and industrial goods markets. RAP will join the ProAmpac brand and will maintain operations at its manufacturing facilities in Ireland and London. Greg Tucker, chief executive of ProAmpac, said: “RAP is an excellent addition to the ProAmpac family. We are excited to add RAP’s focus on research and development for fresh prepared food packaging to our portfolio. Together with RAP, we are extending our product reach in food service to now include a ready-to-eat portfolio, and we will continue to bring innovative ideas and products to a growing customer base.” Gijs Voskamp, chief executive of Ludgate Investments, added: “It has been a real pleasure to have worked closely with Graham and his high-quality management team. We are delighted to have been an integral part in the development of RAP as the leading manufacturer of sustainable food packaging solutions. “This investment substantially reduces the plastics footprint in the food packaging market and this transaction reiterates the attractiveness of the sustainability proposition.” Chris Trick, investment partner at Pritzker Private Capital, said: “This acquisition extends ProAmpac’s capabilities into the fresh prepared and ready-to-eat retail market, an important strategic growth opportunity for the company. We welcome the RAP team to ProAmpac, and we are pleased to continue our partnership with Greg and the entire ProAmpac team.” 2021-01-12
Ludgate Investments Team
3 Team Members
Ludgate Investments has 3 team members, including current Chief Executive Officer, Nicholas Pople.