# IPACKCHEM acquires majority stake in TPG Plastics from Beaconhouse

IPACKCHEM, backed by SK Capital, acquired a majority stake in TPG Plastics from Beaconhouse Capital Management. IPACKCHEM plans to support TPG's expansion and bring its in-mould fluorination technology to North America.

- Type: Acquisition
- Announced: 2022-10-06
- Where: Murray, Kentucky, United States
- Status: completed
- Products: portable fuel containers, engineered blow moulded plastic products
- Sectors: [Plastics and Polymers](https://endata.com/sectors/plastics-polymers.md)

## Companies

- [SK Capital](https://endata.com/companies/5414.md) (investor)
- [IPACKCHEM Group](https://endata.com/companies/7816.md) (acquirer)
- [TPG Plastics](https://endata.com/companies/9780.md) (target)
- [Beaconhouse Capital Management](https://endata.com/companies/9781.md) (partner)

## Sources

- [privateequityinternational.com](https://www.privateequityinternational.com/sk-capital-backed-ipackchem-buys-tpg-plastics/), 2022-10-06: "SK Capital-backed IPACKCHEM announced that it has acquired a majority stake in TPG Plastics from Beaconhouse Capital Management."

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