H.I.G. Bayside Capital Europe Successfully Completes Amerplast Group Refinancing
On January 21, 2026, H.I.G. Bayside Capital Europe announced the successful completion of a refinancing deal for the Amerplast Group, a leading name in sustainable flexible packaging solutions across Europe. This strategic move signifies the enhanced trajectory for Amerplast, which has established itself as a front-runner in the packaging industry, particularly for sectors such as food and beverages, hygiene, and retail.
A New Phase of Growth
Amerplast, headquartered in both Finland and the UK, operates five manufacturing facilities throughout Europe with a dedicated workforce of approximately 470 employees. The refinancing is backed by a five-year unitranche loan facility provided by Bayside, designed to help reconfigure the company's existing debt structure. This step aims to provide Amerplast with the financial stability necessary for continued growth and development.
Executive Insights
Matt Enright, Chief Financial Officer of Amerplast, expressed enthusiasm about the refinancing, highlighting the significant operational transformation the company has been undertaking in recent years. "We have made substantial investments in our facilities, technology, sustainability initiatives, and product innovation. Partnering with Bayside during this exciting growth phase enables us to maintain service excellence for our customers while scaling our capabilities according to our long-term strategic plan across Europe," Enright remarked.
Mathilde Malezieux, Managing Director of Bayside, emphasized Amerplast's strong market position and innovative approach. "Amerplast has consistently demonstrated robust EBITDA growth, supported by its disciplined business model and an engaged management team. Our capital solution not only restructures the existing debt but also positions the company favorably for its next growth phase," Malezieux stated.
Sustaining Future Growth
The refinancing underscores Amerplast's commitment to sustainability while fostering enduring partnerships with reputable clients. The company's ongoing investments in innovation, automation, and production capabilities indicate a clear path towards improving operational efficiencies, meeting evolving consumer demands, and maintaining a competitive edge in the packaging market.
About H.I.G. Capital and Bayside
H.I.G. Capital is a prominent global investment firm with $74 billion in assets under management. The firm specializes in providing both debt and equity capital to middle-market companies, combining operational expertise with a flexible approach to investment. Bayside Capital serves as the special situations affiliate of H.I.G. Capital, engaging with mid-market companies across various industries while focusing on delivering long-term value.
With eight offices across the USA and Europe and a dynamic team of over 500 investment professionals, Bayside has the experience and resources to achieve substantial returns that outperform risk expectations.
Additionally, since its inception in 1993, H.I.G. has successfully invested in more than 400 companies with a diverse portfolio generating revenue exceeding $53 billion. The latest refinancing of Amerplast positions Bayside and H.I.G. at the forefront of sustainable business practices in the flexible packaging industry, paving the way for both corporate and environmental growth in the years to come.