DeA Capital Alternative Funds-backed Sviluppo Sostenibile, a private equity firm, completed the acquisition of a majority stake in Tecnoplast, a plastics manufacturing company. Financial terms were not disclosed. “Thanks to the strong growth recorded by the company, in recent years we have been approached many times by financial partners eager to support us in our growth project. Unlike previous times, I believe that this moment is propitious to further strengthen our presence on the market and I have found in DeA Capital an interlocutor who thinks on the same wavelength as us, sharing first of all the ethical principles and sound corporate management which have always been in Tecnoplast's DNA. For this reason I am very happy and, at the same time, extremely determined to fill the role of President at the helm of this new phase in the history of our company," Enzo Cammillini, Tecnoplast President.