Packaging Acquisition

Published: March 01, 2008

NEW YORK, NY

One Equity Partners, the private equity arm of JPMorgan Chase, has acquired Global Packaging Corp., Miami, FL, supporting a management buyout of the company.

Global Packaging Corp., now designated Globalpack, is a holding company whose primary operating subsidiary is Aluprint S.A. de C.V., a flexible and folding carton packaging company based in Mexico. The investment will fund expansion of the company's operations in Mexico and Latin America and continue growth of its global customer base through a broader range of products and services.

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