The Vita Group, formerly British Vita, celebrated its 60th birthday in August last year. Led by chief executive Joe Menendez, the company produces a wide range of specialist foams and plastics, with operations at 80 sites in 21 countries. It was bought in 2005 by the American private-equity investor Texas Pacific Group (TPG) for £668m. Following the injection of an extra €95m (about £85m) in new liquidity last year, and a debt-for-equity swap, the company is focusing on improving the efficiency of its manufacturing operations. The company’s sales were £1,027m in 2008.
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