Viscose Closures is a Swansea, UK-based packaging manufacturer led by Managing Director Gareth Rowlands that specializes in pilfer-proof and tamper-evident closures and promotional sleeves for the alcoholic and soft drinks, cosmetics and pharmaceuticals markets. The company recently received a £5m equity investment and used the proceeds to diversify its range of solutions. Management says the funding will help attract new domestic and international blue-chip customers. As part of the transaction, all of the shares in Viscose Sleeving were acquired from the former shareholders. The financing reflects an injection of growth capital to broaden product offerings and pursue larger customers. No operating metrics were disclosed in the article.

Total raised

$8M

Funding rounds

1

Latest round

Equity

Latest activity

Feb 2012