in this issue
People & Business :: M&A
Arle Capital to acquire supplier of polymer for new UK banknotes
9:30 AM MDT | April 29, 2014 | Francinia Protti-Alvarez
Arle Capital (London), a private equity firm spun out of Candover Investments (London) in 2010, is to acquire Innovia (Wigton, UK), a manufacturer of specialty films for labels, overwrap, packaging, and polymer banknote substrate, from Candover in a deal valued at €498 million ($689.5 million) including €340 million in debt, Candover and Arle announced. Arle has refinanced the business and raised the €340 million by way of a high-yield bond. The sale will generate estimated cash proceeds of €12.8 million for Candover's 2001 Fund investors...
This information is only available to Chemical Week subscribers.
Forgot your user ID or password?
Not an IHS Chemical Week member yet?
Here's why you should be:
100% Satisfaction Guarantee