# Logoplaste to acquire majority stake in Polish PET container maker Masterchem

Logoplaste Group signed an agreement to acquire a majority stake in Polish PET container manufacturer Masterchem, with the founding family keeping a significant minority stake. Closing is expected in Q1 2020, subject to regulatory approvals.

- Type: Acquisition
- Announced: 2019-11-22
- Where: Poland
- Status: announced
- Capacity: over 500 million units sold annually
- Products: PET bottles, containers, closures
- Sectors: [Plastics and Polymers](https://endata.com/sectors/plastics-polymers.md), [Packaging](https://endata.com/sectors/packaging.md)

## Companies

- [Logoplaste Group](https://endata.com/companies/5817.md) (acquirer)
- [Masterchem](https://endata.com/companies/5818.md) (target)

## Sources

- [ecoplasticsinpackaging.com](https://ecoplasticsinpackaging.com/mergers-acquisitions/logoplaste-to-acquire-major-stake-in-polish-container-maker/), 2019-11-22: "Logoplaste Group has signed an agreement to acquire a majority stake in Polish PET container manufacturer Masterchem."

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