Keter Plastic

Company Overview

Snapshot

Founded in January 1948, Keter Plastic operates with over 1,800 employees. The company was acquired by BC Partners in July 2016.

Business overview

Keter Plastic manufactures and markets heavy-duty plastic products globally, specializing in resin-based indoor and outdoor furniture, shelving systems, toolboxes, storage containers, and sheds. The company also produces kitchen utensils, polyurethane-insulated camping products, refuse containers, and various bathroom accessories. Keter Plastic serves both B2C and B2B markets, selling its products through its own retail chain and operating manufacturing plants across Israel, Europe, and the United States within the Industrial Technologies sector.

Strategic signal

In July 2023, Keter Plastic was reportedly back on the market with a 1.2 billion euro price tag, indicating a potential change in ownership or strategic direction following its acquisition by BC Partners in 2016. This suggests a significant liquidity event or a strategic repositioning for the company, signaling continued investor interest in its market position and operational assets.

Company Intelligence Q&A

What is Keter Plastic's primary business?

Keter Plastic manufactures and markets heavy-duty plastic products, including resin-based indoor and outdoor furniture, storage solutions, and various household items.

When was Keter Plastic founded?

Keter Plastic was founded in January 1948.

When was Keter Plastic acquired?

Keter Plastic was acquired by BC Partners in July 2016.

What was the reported valuation for Keter Plastic in July 2023?

In July 2023, Keter Plastic was reportedly on the market with a 1.2 billion euro price tag.

What strategic initiative did Keter Plastic announce in December 2020?

In December 2020, Keter Plastic unveiled five pledges to be achieved over five years, focusing on sustainability and operational improvements.