MML backs Global Packaging Services

MML has invested alongside Metric Capital Partners.

  • Global Packaging Services is a specialist in reusable packaging solutions
  • GPS’ founding chairman and CEO are investing alongside MML and Metric

MML has invested in Global Packaging Services, a French specialist in returnable packaging solutions, alongside Metric Capital Partners. The founding chairman and CEO of GPS are investing alongside MML and Metric.

GPS is based in Bordeaux and was founded in 1994. It produces metal crates used to replace single-use wood and metal crates.

“GPS plays an exciting role in the ever-growing circular economy, providing the infrastructure to allow clients to reuse its metal crates, rather than disposable wooden crates,” said Henry-Louis Mérieux, managing partner at MML. “Each metal crate will save an estimated 14 trees over its life, totalling more than 19 million trees for the current fleet.”

“We see significant opportunity to apply our combination of private equity and infrastructure playbooks to deliver the next phase of growth in this now well-established distributed infrastructure business,” said Andrew Honan, head of infrastructure at MML.

MML is a private equity firm headquartered in London with €2 billion in assets under management that invests across sectors in mid-market companies.

Metric Capital Partners is a London-headquartered private equity firm that invests in European mid-market companies. The firm has made 38 investments to date, having raised €2.7 billion.