ONCAP IV, a mid-market private equity platform of Onex, has acquired IntraPac International Corporation from CI Capital Partners for $120m.
Onex Corporation participated in the acquisition by investing approximately $45m as a limited partner.
All the companies involved in the transaction are based in the US.
ONCAP IV and CI Capital Partners are private equity firms, while IntraPac develops and manufactures speciality packaging solutions.
IntraPac has engaged William Blair & Company as its financial adviser, while ONCAP has engaged Berenson & Company as its financial adviser for the transaction.
Cascades has acquired a 33% stake in Tencorr Holdings from Coyle family.
Both the companies involved in the transaction are based in Canada.
The acquirer is engaged in the production, conversion and marketing of packaging and tissue products, while the target company supplies miscellaneous converted paper or paperboard solutions.
Shenzhen YUTO Packaging Technology (SYPT) has agreed to acquire 20% stake in Wuhan Aite Zhisu Packing from Guizhou Yongji Government Printing and Zhou Yongfeng for CNY57.7m ($8.72m).
All the companies involved in the transaction are based in China.
SYPT manufactures and sells paper-based printing and packaging products while Wuhan Aite Zhisu Packing is a packaging firm.
Suzano Papel e Celulose has reached an agreement with Fabrica de Papel da Amazonia (FACEPA) to acquire approximately 92.84% of the total capital and 99.99% of the common stock of the latter for R$310m ($95.10m).
Suzano Papel e Celulose is engaged in the production and sale of pulp and paper products, while FACEPA develops and markets paper products.