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Announced

Completed

CEE Equity Partners completed the acquisition of a 90.02% stake in Paperpack for €28m.

Synopsis

CEE Equity Partners, a private equity firm, completed the acquisition of a 90.02% stake in Paperpack, a Greece-based company that is active in the paper packaging industry, for €28m. "We are looking forward to the further development of Paperpack and believe that its current management team, along with the continued wisdom and support of Mr. Ioannis Tsoukarides, will make this first Fund investment in Greece a success," Dario Cipriani, CEE Investment Director.

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