The term “Due diligence” refers to the investigation of a business or person prior to signing a contract with a certain standard of care. The term is commonly applied to voluntary investigations, and more particularly to the process through which a potential acquirer evaluates (directly, or in this case, through a third party) a target company or its assets for an acquisition.
This process requires from the person that conducts it a great ability to understand the local conditions under which a company operates, as well as the flexibility to develop solutions that meet the requirements of each territory and customer in particular.
Wrapetfill is a company based in South Africa, whose consulting team brings to bear 40 years of combined experience in the packaging industry and vast technical and commercial experience. Wrapetfill works alongside financial, environmental, social and governance consultants who are contracted to perform due diligence work prior to acquiring new packaging companies.
Over time a comprehensive framework has been developed to deal with the expanding requirements of clients. The following disciplines represent the core components of our framework:
- Safety & Risk Management
- Manufacturing System
- Site/Factory Layout
- Installation Aspects
- Quality of Production Assets
- Asset Utilization
- Efficiency Improvements
- Redundant Techniques/Innovation
- Organisational structure
- Energy Management
- Raw Material & Flow management
PET Packaging Network offers Wrapetfill’s services to its customers all across the globe. The consultancy approach deployed by Wrapetfill has proven to be effective in highly organised corporate companies with multiple manufacturing sites, as well as in small family owned businesses.