Announced
Completed
Financials
Tags
packaging company
Completed
Single Bidder
Majority
Private
Cross Border
United States
Containers and Packaging
Private Equity
Friendly
Acquisition
Synopsis
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.
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