Linklaters Spain advises The Carlyle Group on their Logoplaste stake sale to Ontario Teachers’ Pension Plan Board

Linklaters Spain has advised The Carlyle Group on their Logoplaste stake sale to Ontario Teachers’ Pension Plan Board

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The Ontario Teachers’ Pension Plan Board has agreed to acquire The Carlyle Group’s majority stake in Logoplaste, a global designer and manufacturer of innovative and sustainable rigid plastic packaging solutions for MCG brands.

Logoplaste’s value-added rigid plastic packaging solutions are used by a wide range of global blue-chip clients. Ontario Teachers’ is Canada’s largest single-profession pension plan and one of the world’s pre-eminent private equity investors. Through its Private Capital team, Ontario Teachers’ offers companies flexible, long-term capital and adds value as active owners. Carlyle invested in Logoplaste in October 2016 through Carlyle Europe Partners IV (CEP IV), a European-focused, upper mid-market buyout fund.

Logoplaste and its shareholders were advised by Barclays Bank PLC, Goldman Sachs International and Linklaters LLP. The team from Linklaters Madrid advising on the deal were partners Alejandro Ortiz (pictured left) and Carmen Burgos (pictured right). In addition, VdA advised the reinvesting shareholders. This consisted of managing associate Sofia Bobone, who was closely assisted by senior associate Cristina Melo Miranda and associate Pedro Sassetti Coimbra. Partner Cláudia da Cruz Almeida was responsible for coordinating the VdA team.

Ontario Teachers’ was advised by Credit Suisse International as financial advisor, Weil, Gotshal & Manges and Uría Menéndez (led by M&A partners Joana Torres Ereio and Antonio Villacampa) as legal advisors, and Ernst & Young LLP as accounting and Tax advisor.

Michael Heron