21 Jun 2010 CeDo Improves Performance at Aluminium Rewind Facility in Poland
Posted at 14:46h in Portfolio News
Newton, today announced that it has successfully completed a project with Rutland Partners’ CeDo Group, one of Europe’s leading manufacturers of household disposables, to increase performance without capital expenditure at their site in Katy Wroclawskie, Poland.
The project, which was one of several opportunities originally identified in the pre-acquisition operational due diligence, delivered significant increases in aluminium rewind efficiency equating to €0.8m annualised profit improvement.