The Vita Group

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.

This profile reflects the company at time of publication and does not reflect any changes that may have subsequently occurred. Fast Track and its sponsors do not endorse, guarantee or recommend investment in any of the companies.

Company details
CompanyThe Vita Group
ActivityFoam and plastics maker
LocationCentral London
Sales £m*949
Profit £m*23
Year endDec 10
Principal shareholdersTPG Capital, others

If applicable:

* Supplied by company † Annualised figure