Bain Capital to merge US-based WWP with Chinese player
Bain Capital Private Equity has acquired US-based World Wide Packaging (WWP), a provider of cosmetic packaging components and plastic tubes, and plans to merge it with a Chinese cosmetics packaging manufacturer – another acquisition the GP is currently pursuing.
Financial terms and details of the Chinese firm were not disclosed. Bringing together WWP’s design capabilities with manufacturing capabilities in China, the combined entity is expected to provide integrated...
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