ACON Investments Acquires Packaging Companies in Peru and Colombia (Latin America)
Source: ACON Investments
United States- and Latin America-focused international private equity investment firm ACON Investments has acquired Intecplast, a Colombia-based rigid plastic packaging manufacturer focused on personal care, cosmetics and pharmaceuticals, and Pieriplast, a Peru-based supplier of luxury packaging solutions for the direct sales cosmetics industry in the Andean Region. Intecplast and Pieriplast will be consolidated to form Amfora Packaging, a new holding company. The combined company will have more than 800 employees and production facilities in Peru and Colombia. Financial details of the transactions, which were structured through ACON Latin American Opportunities Fund IV, were not disclosed.