Ontario Teachers completed the acquisition of a majority stake in GPA Global from EQT for $258m.

Ontario Teachers, an organisation responsible for administering defined-benefit pensions, completed the acquisition of a majority stake in GPA Global, a packaging services provider, from EQT, an investment organisation, for $258m. “GPA has undergone a transformation over the past five years, from an Asia-centric consumer electronics packaging specialist, into its position today as a truly global packaging platform that has a strong market position across a diversified mix of attractive end-markets. EQT has been instrumental in supporting this journey and have been great partners in the development of our business," Tom Wang, GPA Co-Founder and President.