MNL Capital-backed SC Pack completed the acquisition of a majority stake in Frapak Packaging.

MNL Capital-backed SC Pack, an industrial packaging distribution company, completed the acquisition of a majority stake in Frapak Packaging, a company specializing in plastic and glass packaging solutions. Financial terms were not disclosed. "The integration of Frapak into SC Pack is fully aligned with our European growth strategy and allows us to broaden our expertise in packaging solutions, particularly in the field of sustainable plastics," Stéphane and Christophe Allemandou, SC Pack Group Founders.