# Carlyle reportedly nears ~$1B takeover of Chinese packaging firm HCP from BPEA

Carlyle Group is reportedly set to buy Chinese packaging firm HCP for about $1 billion from owner Baring Private Equity Asia. The deal is reported to be expected to complete in the coming months.

- Type: Acquisition
- Announced: 2022-05-11
- Where: Shanghai, China
- Value: $1.00B
- Status: rumored
- Products: packaging
- Sectors: [Packaging](https://endata.com/sectors/packaging.md)

## Companies

- [Carlyle Group](https://endata.com/companies/458.md) (acquirer)
- [HCP Packaging](https://endata.com/companies/2707.md) (target)
- [HCP Group](https://endata.com/companies/5904.md) (target)
- [Baring Private Equity Asia](https://endata.com/companies/5905.md) (partner)

## Sources

- [bloomberg.com](https://www.bloomberg.com/news/articles/2022-05-12/carlyle-said-to-near-1-billion-takeover-of-packaging-firm-hcp), 2022-05-12: "Carlyle Group Inc. is set to buy Chinese packaging firm HCP for about $1 billion, people familiar with the matter said."
- [hcpackaging.com](https://www.hcpackaging.com/news/company-news/global-investment-firm-carlyle-nasdaqcg-agree-to-acquire-a-100-stake-in-hcp-packaging-from-bpea-subject-to-regulatory-approval/), 2022-05-26: "Global investment firm, Carlyle (NASDAQ: CG) today announced it has agreed to acquire a 100% stake in HCP Packaging"
- [emballagedigest.fr](https://www.emballagedigest.fr/en/carlyle-to-acquire-leading-global-cosmetics-packaging-company-hcp/), 2022-06-01: "Global investment firm, Carlyle today announced it has agreed to acquire a 100% stake in HCP Packaging, specialized in the design, development and manufacture of cosmetic packaging."

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