Logoplaste Announces New Partner to Support Future Growth
Logoplaste, a global designer and manufacturer of innovative and sustainable rigid plastic packaging solutions for FMCG brands, announced that Ontario Teachers’ Pension Plan Board (Ontario Teachers’) has agreed to acquire The Carlyle Group’s majority stake in the company. Current Logoplaste shareholders Filipe de Botton and Alexandre Relvas will retain their approximately 40% stake in the business as it embarks on its next phase of growth.
Alex Wagenberg, managing director of the Carlyle Europe Partners advisory team says, “Through investment in innovation and sustainability, geographic and product expansion, and a continued focus on high levels of customer service, Logoplaste has delivered remarkable growth. We are very confident that Logoplaste’s best years lie ahead and wish the team the continued success it so well deserves.”