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Based in Cumbria, Innovia Group will provide the raw material for the new £5 and £10 plastic banknotes, due to enter circulation in 2016. The business makes speciality film products for the packaging, labels, tobacco and securities markets. Led by chief executive Mark Robertshaw, 47, who took over from David Beeby, 63, in January, the group has production sites in Britain, America, Belgium and Australia and operates a network of sales offices, agents and distributors throughout the world. After our research closed, Innovia reported sales decreased to £400.5m and profits to £39.2m.

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Company details
CompanyInnovia Group
ActivityFilm manufacturer
Sales £m410.7
Operating profit £m42.1
Main shareholdersArle Capital syndicate and directors (72%), Electra Partners (28%)

If applicable:

* supplied by Company   † annualised figure   ‡  profit = ebitda