TOPPAN to acquire an 80% stake in Irplast from Cheyne Capital.

TOPPAN agreed to acquire an 80% stake in Irplast, an Italian based high-performance BOPP film manufacturer, from Cheyne Capital, a private equity firm. Financial terms were not disclosed. Irplast is a leading manufacturer of high-performance BOPP films, using simultaneous biaxial orientation technology to offer superior transparency, durability, and processability, contributing to reduced environmental impact and improved recyclability and delivering products widely used in various fields, including packaging and labels for food, personal and home care.