BC Partners, Apax and Stonepeak Infrastructure Partners were also in the running for the company specializing in the production of plastic packaging, but the deal was eventually realized with this fund which is one of the leading private investors on a global scale.

The terms of the agreement, namely the amounts involved, have not been disclosed and its implementation still depends on the green light on the regulatory side, but the deal is based on logoplaste's valuation of E1.4 billion, which doubles the amount close to E400 million invested by Carlyle less than five.

In a statement about Logoplaste's alliance with a new shareholder to continue "to impose growth", the Carlyle Group assumes that it sells its position "after five years of success", stressing that in this period Logoplaste recorded "strong growth", organically, through investment, development of facilities in Europe, North America and Brazil, but also with acquisitions such as the majority stake in Polish Masterchem.

"With the support of the most loyal customers, the company's activity in North America tripled in five years, continuing to grow also in Europe," he says. "We are sure that logoplaste's best years are yet to come," says Alex Wagenberg, director of Carlyle Europe Partners.

Ja Filipe de Botton, president of Logoplaste, leaves praise to Carlyle, "a partner of great value to Logplaste through business support, to maintain strong growth and a series of innovative products that allowed the company to position itself as a pioneer in its area", but also to the new shareholder, expressing satisfaction at continuing to maintain "the leading position in the sector". "We look forward to the next phase of growth for the coming years with Ontario Teachers," he adds.

And for the new shareholder, the alliance between Botton's family, Alexandre Relvas and Logoplaste's management team "fits perfectly into the private equity portfolio, taking into account its leadership, its high resilience business model and a solid commitment to sustainability. We want to support the company in its next stage of global growth," says Nick Jansa, a member of the Ontario Teacher's Pension Plan Board for Europe, the Middle East and Africa.

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The operation was advised by Barclays Bank, Goldman Sachs International and Linklaters, with Vieira de Almeida & Associados accompanying Filipe de Botton and Alexandre Relvas, who co-chaired the company for 20 years and turned it into a multinational. Ontario Teacher's had Credit Suisse International as financial advisor, Weil Gotshal & Manages Y Urua Menendez as legal advisors and Ernst & Young as tax and accounting advisor.

Early news that Carlyle wanted to sell the majority position in Logoplaste, with 63 factories in 16 countries, 2,300 workers, a turnover of more than E500 million and a story dating back to 1976 emerged in August last year. At the time, an assessment of EUR 1.2 billion was indicated.

• Carlyle Group Inc
• Ontario Teachers' Pension Plan Board