Company Description:Polymer Logistics is a pool management company which designs, develops and manages pools of reusable plastic Merchandising Units for the retail industry. Polymer’s Merchandising Units significantly reduce logistics costs and shelf space for supermarkets, while increasing product sales due to better in store product availability, product presentation and higher shelf “fill” rates. Polymer is benefiting from the increased usage of Merchandising Units within the retail industry and has entered into long term supply contracts with some of Europe’s most prominent retail chains. Shamrock believes Polymer has strong and experienced management, innovative products, solid relationships with its customers and significant potential to become a leading player in the rapidly growing Merchandising Unit market.
Transaction:Shamrock invested in a structured transaction with a valuation adjustment mechanism based on future performance. Shamrock is currently working with Polymer's management to develop its international expansion plans.