# IPL Plastics shareholders approve sale to Madison Dearborn Partners affiliate

Shareholders of Montreal-based sustainable packaging provider IPL Plastics agreed to the company's sale to an affiliate of Madison Dearborn Partners, reported September 29, 2020.

- Type: Acquisition
- Announced: 2020-09-29
- Where: Montreal, Canada
- Status: announced
- Products: sustainable packaging solutions
- Sectors: [Plastics and Polymers](https://endata.com/sectors/plastics-polymers.md), [Packaging](https://endata.com/sectors/packaging.md)

## Companies

- [Caisse de dépôt et placement du Québec](https://endata.com/companies/322.md) (investor)
- [Madison Dearborn Partners](https://endata.com/companies/1549.md) (acquirer)
- [IPL Plastics](https://endata.com/companies/6801.md) (target)

## Sources

- [privateequityinternational.com](https://www.privateequityinternational.com/shareholders-ok-ipl-plastics-sale-to-madison-dearborn/), 2020-09-29: "Shareholders of IPL Plastics, a Montreal-based sustainable packaging solutions provider, have agreed to the company's sale to an affiliate of Madison Dearborn Partners."
- [marketscreener.com](https://www.marketscreener.com/quote/stock/IPL-PLASTICS-INC-44403616/news/Madison-Dearborn-Capital-Partners-VIII-Executive-A2-L-P-Madison-Dearborn-Capital-Partners-VIII-Ex-33667523/), 2020-10-14: "completed the acquisition of IPL Plastics Inc. from a group of shareholders."

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