Palero Capital, a private equity firm, completed the acquisition of Schlaadt Group, a manufacturer of packaging and insulation, molded parts and blanks made of styrofoam and special foams. Financial terms were not disclosed. "We shape the future of sustainable packaging solutions together with our customers. Particularly in terms of a sustainable production process, the company stands out from its rivals exceptionally and works closely with its suppliers and customers in order to drive resource- and energy-saving innovations," Stefan Schlaadt, Schlaadt CEO.