Announced
Completed
Synopsis
Motion Equity Partners, a private equity firm, completed the acquisition of a majority stake in Tournaire Group, an aluminium packaging manufacturer for the pharma, cosmetics and food segments. Financial terms were not disclosed. “Motion Equity Partners has an ambitious project for Tournaire, with a long-term approach. Their rapid understanding of the stakes of the Group and its markets quickly convinced us of the relevance of this new strategic partnership. This project is a great opportunity to reinforce our organization as well as our shareholding structure via a long-term partnership with a professional investor and boost our development, while preserving our values, our autonomy and the strengths that make our success. This operation will allow Tournaire to move forward and invest even more in innovation and in our operations” Jeanne Lions, Tournaire CEO.
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