# Deutsche Beteiligungs AG invests in Cartonplast Group via management buy-out

Deutsche Beteiligungs AG will co-invest about EUR 26 million alongside DBAG Fund VII, which takes a majority stake in Cartonplast Group GmbH from Stirling Square Capital Partners in a management buy-out. Closing is not expected before October 2019.

- Type: Acquisition
- Announced: 2019-08-23
- Where: Germany
- Value: $28.9M (26.0M EUR)
- Status: announced
- Products: reusable plastic layer pads, pool rental system for glass container transport
- Sectors: [Packaging](https://endata.com/sectors/packaging.md), [Plastics and Polymers](https://endata.com/sectors/plastics-polymers.md)

## Companies

- [Deutsche Beteiligungs AG](https://endata.com/companies/5437.md) (investor)
- [DBAG Fund VII](https://endata.com/companies/5438.md) (investor)
- [Cartonplast Group GmbH](https://endata.com/companies/5439.md) (target)
- [Stirling Square Capital Partners](https://endata.com/companies/5440.md) (partner)

## Sources

- [dbag.com](https://www.dbag.com/newsroom/detail/deutsche-beteiligungs-ag-invests-in-cartonplast-group-gmbh/), 2019-08-23: "DBAG Fund VII will take over the majority stake in Cartonplast from the London-based financial investor Stirling Square Capital Partners."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.