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Jul 28, 2020ACQUISITIONMontreal, Canada Madison Dearborn Partners to acquire IPL Plastics for about CAD 550 million
Madison Dearborn Partners funds agreed to acquire IPL Plastics Inc. from shareholders including CDPQ for approximately CAD 550 million on 28 July 2020. CDPQ will keep a minority stake of about 24.9%.
Value
$390.0M (550.0M CAD)
Productsplastic packaging containers
“Madison Dearborn Capital Partners VIII ... entered into an agreement to acquire IPL Plastics Inc. from a group of shareholders for approximately CAD 550 million.”marketscreener.com
- 3 sources
- marketscreener.comMadison Dearborn Capital Partners VIII Executive-A2, L.P., Madison Dearborn Capital Partners VIII Executive-A, L.P., Madison Dearborn Capital Partners VIII-A, L.P., Madison Dearborn Capital Partners VIII-C, L.P. managed by Madison Dearborn Partners, LLC and Caisse de dépôt et placement du Québec entered into an agreement to acquire IPL Plastics Inc. from a group of shareholders for approximately CAD 550 million.Jul 28, 2020
- globenewswire.comMadison Dearborn Partners Agrees to Acquire IPL PlasticsJul 29, 2020
- newswire.caMadison Dearborn partners with Caisse de dépôt et placement du Québec to acquire IPL Plastics Inc.Jul 29, 2020
Summarized from public sources; check the original articles before acting on it.
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