The Vita Group, formerly British Vita, produces specialist foams and plastics for a variety of applications such as mattresses, packaging, medical devices and products for the automotive industry. It was delisted from the stock exchange in 2005 when Texas Pacific Group (TPG) paid £668m for it. Following the injection of €95m (£85m) in 2009, and a debt-for-equity swap, the London headquartered company has focused on improving the efficiency of its manufacturing processes. It has opened new facilities in Egypt, Croatia and Bulgaria in the past year and now has operations at 74 sites in 24 countries. The group’s sales totalled £949m in 2010 under chief executive Joe Menendez.
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