Alusa and Nexus Close Acquisition of Empaques Flexa (Latin America)

Source: Latin Counsel

Nexus Capital Partners III, a Latin America-focused investment fund managed by Nexus Group of Peru, and Chilean packaging company Alusa have concluded the acquisition of Colombian flexible packaging company Empaques Flexa. According to Alusa’s original announcement of the deal, the Santiago-based company and Nexus, an investor in Alusa subsidiary Peruplast, will together invest US$35 million. The investment will add Empaques Flexa’s Colombian production base to Alusa’s existing operations in Chile, Peru and Argentina.