Top Track 250

Innovia is not in the movie industry, but instead is responsible for the cellulose labels, film and wrapping used on many sweets, cigarettes, toiletries and beverages. The company has developed a range of films that are biodegradable, compostable or used to insulate bottles and other products. Innovia was founded in 2004 when chairman Dennis Matthewman led the £215m acquisition of the films business backed by Candover. Sales in 2007 reached £249m.

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Company details
CompanyInnovia Group
ActivityFilm manufacturer
Sales £m249
Operating profit £m16.4
Main shareholdersCandover (84%), management (16%)

If applicable:

* supplied by Company   † annualised figure   ‡  profit = ebitda