# EU approves joint control of Logoplaste by OTPP and Nikky Investments

The European Commission approved under the EU Merger Regulation the acquisition of joint control over Luxembourg-based rigid packaging maker Logoplaste by Ontario Teachers Pension Plan (OTPP) and Nikky Investments. The Commission found no competition concerns.

- Type: Acquisition
- Announced: 2021-05-20
- Status: completed
- Products: rigid packaging
- Sectors: [Packaging](https://endata.com/sectors/packaging.md), [Plastics and Polymers](https://endata.com/sectors/plastics-polymers.md)

## Companies

- [Ontario Teachers' Pension Plan](https://endata.com/companies/2614.md) (investor)
- [Logoplaste Group](https://endata.com/companies/5817.md) (target)
- [Nikky Investments](https://endata.com/companies/8032.md) (investor)

## Sources

- [eulawlive.com](https://eulawlive.com/approval-decision-published-acquisition-of-joint-control-over-logoplaste-by-otpp-and-nikky-investments/), 2021-05-31: "The Commission concluded that the proposed acquisition would raise no competition concerns."

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