South Africa: Metier Capital Growth Fund II exits Master Plastics
The Metier Capital Growth Fund II has exited Master Plastics through a management-led buyout.
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The Metier Capital Growth Fund II has exited Master Plastics through a management-led buyout backed by a funding package from Nedbank CIB and Investec Investment Banking.
The deal involves Master Plastics’ key divisions – PlusNet, Barrier Film Converters and Peninsula Packaging – and positions the South African packaging group for further expansion.
Nedbank acted as mandated lead arranger, bookrunner, coordinator, lender, and equity provider. Investec played a joint funding and equity provider role in the transaction.
PlusNet, Barrier Film Converters and Peninsula Packaging are recognised for shade-netting technologies that support agriculture and the development of recyclable packaging solutions for food and fresh produce applications.
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