OTTPB to acquire a majority stake in Logoplaste from The Carlyle Group.

Ontario Teachers' Pension Plan Board, agreed to acquire a majority stake in Logoplaste, a manufacturer of rigid plastic packaging solutions for the world’s premier FMCG brands, from The Carlyle Group. Financial terms were not disclosed. “This marks an exciting new chapter for our company as we look forward to the continued growth opportunity for Logoplaste and its customers with backing from Ontario Teachers’. We also thank Carlyle for their partnership, expertise and support in maintaining Logoplaste’s position as a leading provider of rigid packaging solutions for the consumer goods industry and in driving continuous innovation with an integrated approach that is the foundation of our company," Gerardo Chiaia, Logoplaste CEO.