# Oxy Capital and illimity Bank to acquire Gpack Group for $72 million

Private equity firm Oxy Capital and illimity Bank agreed to acquire Gpack Group, an Italian maker of cardboard boxes and cartons for luxury, pharma, cosmetics and food markets, for $72 million.

- Type: Acquisition
- Announced: 2021-05-17
- Where: Italy
- Value: $72.0M
- Status: announced
- Products: cardboard boxes, cartons
- Sectors: [Packaging](https://endata.com/sectors/packaging.md)

## Companies

- [GPack](https://endata.com/companies/2479.md) (target)
- [Oxy Capital](https://endata.com/companies/3942.md) (acquirer)
- [illimity Bank](https://endata.com/companies/7978.md) (acquirer)

## Sources

- [app.mergerlinks.com](https://app.mergerlinks.com/transactions/2021-05-17-gpack-group/service-providers), 2021-05-17: "Oxy Capital, a private equity firm, and illimity Bank, a banking group, agreed to acquire Gpack Group, a company engaged in the manufacturing of cardboard boxes and cartons"

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