Extrusion International USA 2-2021

Extrusion International 2/2021 „ Logoplaste, a leading global designer and manufacturer of innovative and sustainable rigid plastic packaging solutions for the world’s premier FMCG brands, announced that Ontario Teachers’ Pension Plan Board (Ontario Teachers’) has agreed to acquire The Carlyle Group’s majority stake in the company. Cur- rent Logoplaste shareholders Filipe de Botton and Alexandre Relvas will retain their approximately 40% stake in the business as it embarks on its next phase of growth. The financial terms of the transaction, which are subject to customary regulatory ap- provals, were not disclosed. Logoplaste’s value-added rigid plastic packaging solutions are used by a wide range of global blue-chip clients. The company offers unique expertise across all phases of packaging develop- ment, from ideation, design and engineering to full industrial implementation. Logoplaste’s business model centres on the development of strong and long-standing partnerships with customers through dedicated facilities, fully integrated within the customer’s premises, eliminating secondary packaging waste, just-in-time operations and significantly reducing trans- port needs. Sustainability and innovation have been integral to Logoplaste since inception and are key to its continued success. New Partner to Support Future Growth Announced Logoplaste www.logoplaste.com „ Milliken&Companyhas formallyacquiredZebra-chemGmbH, a global chemicals company known for its peroxide and blow- ing agent masterbatches. With more brands and governments globally setting goals to increase their use of recycled materials, plastics manufacturers are faced with the challenges of using recycled plastics effectively. Peroxide masterbatches, like those from Zebra-chem and Milliken, make it possible to incorporate up to 100% recycled content into these new plastics. Headquartered in Bad Bentheim, Germany, Zebra-chem carries a respected portfolio of chemical blowing agent and peroxide masterbatches for application in most thermoplastics and engi- neering plastics. Combining the strengths of Milliken and Zebra-chem opens up new potential to expand solutions that accelerate and improve plastic recycling. Customers will benefit fromenhanced research and development capabilities, shared knowledge, and a broad- ened product portfolio from trusted, leadingmanufacturers. Acquisition Milliken & Company www.milliken.com Zebra-chem GmbH zebra-chem.com