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Announced

Completed

KKR, Leonard Green and Abu Dhabi Investment Authority completed the investment in Charter Next Generation.

Synopsis

Investment firms KKR, Leonard Green and Abu Dhabi Investment Authority completed the investment in Charter Next Generation, a producer of specialty films used in flexible packaging, industrial, healthcare, and consumer applications. Financial terms were not disclosed. "Continuous investment in our film technologies and in our team is mission critical for us, which is why we are excited to partner with these exceptional, forward-thinking firms – particularly for their steadfast approach to employee engagement and ownership. Offering all employees ownership in the company aligns everyone around our objectives while providing financial rewards for their efforts, fitting well with our employee first culture," Kathy Bolhous, Charter Next Generation CEO.

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