Innovia manufactures a broad range of plastic films used as wrapping on sweets, cigarettes, toiletries and beverages. Other applications include insulating bottles and individual wrappings for speciality teas. More recently the firm boosted its green credentials with a range of biodegradable and compostable films. Innovia was founded in 2004 when, backed by Candover, Dennis Matthewman, the chairman, led the £215m acquisition of a films business. Sales in 2009 were £351.4m
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