TEP Capital to acquire Nicator.

TEP Capital, a Polish private equity investor, agreed to acquire Nicator, a manufacturer polyethylene films intended for food products businesses. Financial terms were not disclosed. "Looking back at the 33 years of successful lifetime of Nicator, I was determined to find a partner that will guarantee further expansion in the space of new product offering, new market extension and overall growth mindset for the Company. I am very glad we were able to find a partner like TEP Capital that will be able to ensure successful continuity of my lifetime project - Nicator. I am especially proud of the ecological and recyclable focus, as I believe this is a crucial aspect for the whole plastic-packaging industry going into the future," Leszek Uba, Nicator Founder and President.