# Licaplast acquires M'Plast, polyethylene film manufacturer

Licaplast Industries, backed by Charter Oak Equity and Fonds de solidarité FTQ, acquired M'Plast Inc., a manufacturer of polyethylene film bags and U-Film for horticulture, agriculture and industrial uses. Financial terms were not disclosed.

- Type: Acquisition
- Announced: 2019-09-16
- Where: Montreal, Quebec, Canada
- Status: completed
- Products: polyethylene film bags, U-Film, shrink film, laminated roll stock, pouches
- Sectors: [Plastics and Polymers](https://endata.com/sectors/plastics-polymers.md), [Packaging](https://endata.com/sectors/packaging.md)

## Companies

- [Fonds de solidarité FTQ](https://endata.com/companies/323.md) (investor)
- [Licaplast Industries](https://endata.com/companies/42135.md) (acquirer)
- [M'Plast](https://endata.com/companies/42136.md) (target)
- [Charter Oak Equity](https://endata.com/companies/42137.md) (investor)

## Sources

- [privatecapitaljournal.com](https://privatecapitaljournal.com/charter-oak-and-fonds-de-solidarite-backed-licaplast-acquires-mplast/), 2019-09-16: "I'm thrilled that Licaplast represents such a close fit with our company values and culture, including technology-oriented solutions, innovative practices and customer satisfaction."

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