Clearlake Capital acquires protective packaging company IPG
IPG has become a privately held company following the acquisition.

IPG has become a privately held company following the acquisition.
The deal was originally announced in April this year.
The sale is in line with Essentra's previously announced strategic review of its business.
The acquisition is intended to expedite Envoy Solutions' growth in the packaging sector.
The acquisition is intended to expand TC Transcontinental Packaging’s offerings and network in Latin America.
The acquisition is intended to expand Berlin Packaging's market coverage in Iberia.
Newsprint production at UPM Steyrermühl is expected to end with the closing of the deal.
The deal is scheduled to close at the end of this month.
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