Select Country
Don’t have your Nedbank ID yet?
Nedbank ID single sign-on gives you full digital access to Nedbank’s banking and lifestyle products and services on the Money app or Online Banking.
Log in
Log in to Online Banking or another one of our secured services.
Get in touch
Find us
- Login & Register
- Online Banking
- Online Share Trading
- NedFleet
- Register for Nedbank ID
- About us
- Awards
- Deals
- Explore About us
- Awards
- Deals
- R4bn Tronox deal funds two 100MW solar plants
- Billions to help Redefine build green properties
- Harmony pursues green goals with R10 billion loan
- Cold solutions finance for cold storage facilities
- International Finance Corporation green bond fund
- Envusa energy deal: The way for renewable energy
- Paladin Energy senior debt funding partnership
- Renewable energy wind farm financing
- Stor-Age’s successful inaugural bond auction
- PlusNet, Peninsula Packaging and Barrier Film Convertors co-investment opportunity | Nedbank CIB
- R4bn Tronox deal funds two 100MW solar plants
- Billions to help Redefine build green properties
- Harmony pursues green goals with R10 billion loan
- Cold solutions finance for cold storage facilities
- International Finance Corporation green bond fund
- Envusa energy deal: The way for renewable energy
- Paladin Energy senior debt funding partnership
- Renewable energy wind farm financing
- Stor-Age’s successful inaugural bond auction
- PlusNet, Peninsula Packaging and Barrier Film Convertors co-investment opportunity | Nedbank CIB
- Women of Corporate Investment Banking
- Young Analyst Programme
- Insights
- Articles
- Conferences
- Research
- Explore Insights
- Articles
- Africa's pathway to a climate-resilient economy
- Commercial property trends 2022
- Green energy in the developing world | Nedbank CIB
- How sustainable finance creates value
- How the property sector recovered in 2023
- Two wins for sustainable finance leadership | Nedbank CIB
- FURTHER IMPACT empowerment for entrepreneurs
- There's a new buoyancy around water and sanitation
- What happens when finance meets sustainability?
- Africa’s renewable-energy projects
- Breaking barriers for energy transition in mining
- Africa's pathway to a climate-resilient economy
- Commercial property trends 2022
- Green energy in the developing world | Nedbank CIB
- How sustainable finance creates value
- How the property sector recovered in 2023
- Two wins for sustainable finance leadership | Nedbank CIB
- FURTHER IMPACT empowerment for entrepreneurs
- There's a new buoyancy around water and sanitation
- What happens when finance meets sustainability?
- Africa’s renewable-energy projects
- Breaking barriers for energy transition in mining
- Conferences
- Industry leaders talk innovation disruption | Nedbank CIB
- Market leaders in property finance | Nedbank CIB
- African Mining Indaba | Nedbank CIB
- COP 28 | Nedbank CIB
- South Africa (SA) Auto Week | Nedbank CIB
- IHS Affordable Housing Conference | Nedbank CIB
- Africa Energy Forum | Nedbank CIB
- Digital Immersion Conference | Nedbank CIB
- NCIB’s Zhann Meyer speaks at annual GTR MENA 2025 | Nedbank CIB
- Industry leaders talk innovation disruption | Nedbank CIB
- Market leaders in property finance | Nedbank CIB
- African Mining Indaba | Nedbank CIB
- COP 28 | Nedbank CIB
- South Africa (SA) Auto Week | Nedbank CIB
- IHS Affordable Housing Conference | Nedbank CIB
- Africa Energy Forum | Nedbank CIB
- Digital Immersion Conference | Nedbank CIB
- NCIB’s Zhann Meyer speaks at annual GTR MENA 2025 | Nedbank CIB
- Research
- Investor research
- Investor-research
- How loadshedding impacts inflation | Nedbank CIB
- Investor Research
- Investor Research
- Investor Research
- Investor Research
- Investor Research
- Investor Research
- Investor Research
- Investor Research
- SA inflation trends, insights and projections
- SA ex-ante real policy rate
- SARB: Shifting to a 25 bps hike, from 50 bps
- SARB MPC: Repo unchanged but still hawkish
- Bonds, the monetary surprise and fiscal dominance
- Upside for bond investments has compressed
- The "weak China trade" on the rand exchange rate
- Dovish inflation surprises and fiscal constraints
- The ILB curve steepens, and we expect more
- Investor Research
- Investor research
- Investor-research
- How loadshedding impacts inflation | Nedbank CIB
- Investor Research
- Investor Research
- Investor Research
- Investor Research
- Investor Research
- Investor Research
- Investor Research
- Investor Research
- SA inflation trends, insights and projections
- SA ex-ante real policy rate
- SARB: Shifting to a 25 bps hike, from 50 bps
- SARB MPC: Repo unchanged but still hawkish
- Bonds, the monetary surprise and fiscal dominance
- Upside for bond investments has compressed
- The "weak China trade" on the rand exchange rate
- Dovish inflation surprises and fiscal constraints
- The ILB curve steepens, and we expect more
- Investor Research
- Solutions
- Corporate Finance
- Corporate Finance
- Financing
- Investing
- Markets
- Nedbank Business Hub
- Transacting
- Explore Solutions
- Corporate Finance
- Corporate Finance
- Financing
- Investing
- Markets
- Nedbank Business Hub
- Transacting
- Sustainability
- Explore Sustainability
- Contact us
- Explore Contact us
A sustainable private equity co-investment opportunity
Learn about Nedbank CIB’s role in the PlusNet, Peninsula Packaging and Barrier Film Convertors deal, which supports sustainable agriculture and food preservation.
Sustainable innovation is shaping the future of industries, and Nedbank Corporate and Investment Banking’s (Nedbank CIB) latest transaction involving PlusNet, Peninsula Packaging and Barrier Film Convertors exemplifies how strategic financing can drive growth and environmental impact.
This transaction was completed in partnership with Manley Diedloff (CEO of Master Plastics) and Metier Private Equity, an existing shareholder, to co-invest in the leveraged buyout of PlusNet, Peninsula Packaging, and Barrier Film Converters. This positions the business for further growth.
Nedbank’s role in the deal
Nedbank acted as Mandated Lead Arranger, Bookrunner, Coordinator, Lender and Equity Provider for the leveraged buyout of PlusNet, Peninsula Packaging and Barrier Film Convertors.
Understanding Nedbank CIB’s Capital Allocator Strategy
The deal is aligned with Nedbank CIB’s Capital Allocator Strategy, whereby tier 1 private equity firms are identified for co-investment opportunities. In this case, the deal centres around PlusNet, Peninsula Packaging and Barrier Film Convertors, which sat in Metier’s Capital Growth Fund II.
Co-investment with tier 1 private equity firms
The deal strengthens our role as a trusted financial partner to tier 1 private equity firms. By structuring a multifaceted capital solution across the entire capital stack, we enabled Metier and PlusNet, Peninsula Packaging and Barrier Film Convertors management to successfully execute the leveraged buyout, ensuring long-term value creation for all stakeholders.
The transaction also reflects our ability to structure competitive, bespoke funding solutions that support clients in industries driving meaningful economic and environmental impact.
Aligning with sustainability goals and the UN SDGs
Nedbank CIB’s focus on sustainability means we support our clients who assist in the Just Transition to a green future. PlusNet, Peninsula Packaging and Barrier Film Convertors purpose and processes strongly align with the United Nation’s Sustainable Development Goals (UN SDG), and our support entrenches Nedbank as the green bank.
Impact of PlusNet on agriculture
PlusNet develops sustainable agricultural solutions that reduce waste, improve farming efficiency, and conserve water. Our funding enables their continued growth, innovation, and environmental impact.
PlusNet’s netting solutions improve produce yield as well as reducing water and electricity usage and pesticides required to protect crops, delivering sustainable gains for farmers facing climate change and rising costs of production.
Enhancing food shelf life and reducing waste
Peninsula Packaging and Barrier Film Convertors specialise in providing recyclable, flexible packaging solutions that lengthen the life of predominantly fresh, prepared and dry foods. Resulting in demonstrable reductions in food waste, higher quality food in the hands of consumers and alignment with retailers in their ambitions to eliminate single-use and non-recyclable packaging formats.
An active participant and innovator, delivering impact in the plastics sector
As an accredited member of the Plastics Convertors Association of South Africa , Plastics SA and Polyco, and Polyco PRO, PlusNet, Peninsula Packaging and Barrier Film Convertors differentiate themselves by employing leading technology as well as research and development.
That’s why they are also the first South African flexible plastic converter to adopt ECG printing methodologies across all its facilities, yielding significant environmental and operational efficiencies.
Related posts
See all
R1 billion debt capital market issuance by OMLACSA
Nedbank Corporate and Investment Banking (CIB) is proud to announce that its Specialised Distribution Team has once again been mandated as sole lead arranger by Old Mutual Life Assurance Company South Africa Limited (OMLACSA), a subsidiary of Old Mutual Limited (OML), in its return to the South African debt capital markets for a R1 billion bond issuance.
Published 23 Jul 2024 in nedbank:cib/deals
R1 billion debt capital market issuance by OMLACSA
Nedbank Corporate and Investment Banking (CIB) is proud to announce that its Specialised Distribution Team has once again been mandated as sole lead arranger by Old Mutual Life Assurance Company South Africa Limited (OMLACSA), a subsidiary of Old Mutual Limited (OML), in its return to the South African debt capital markets for a R1 billion bond issuance.
Published 23 Jul 2024
Strategic partnership secures R4.5 billion for Limpopo's water infrastructure
In a landmark move to address South Africa’s escalating water crisis, Nedbank Corporate and Investment Banking (CIB) has successfully closed a R4.5 billion term loan facility to the Trans-Caledon Tunnel Authority (TCTA) for the Mokolo-Crocodile River Water Augmentation Project Phase 2A (MCWAP-2A). This financial collaboration underscores Nedbank’s unwavering commitment to sustainable development and critical infrastructure projects.
Published 23 Jul 2024 in nedbank:cib/deals
Strategic partnership secures R4.5 billion for Limpopo's water infrastructure
In a landmark move to address South Africa’s escalating water crisis, Nedbank Corporate and Investment Banking (CIB) has successfully closed a R4.5 billion term loan facility to the Trans-Caledon Tunnel Authority (TCTA) for the Mokolo-Crocodile River Water Augmentation Project Phase 2A (MCWAP-2A). This financial collaboration underscores Nedbank’s unwavering commitment to sustainable development and critical infrastructure projects.
Published 23 Jul 2024