MBK agrees $243m sale of Korea's Techpack Solutions
MBK Partners has agreed to sell bottle manufacturer Techpack Solutions to Dongwon Systems Corp, the industrial materials division of domestic conglomerate Dongwon Group, for KRW250 billion ($245 million).
Dongwon confirmed in a regulatory filing that it would take full ownership of the asset. According to AVCJ Research, MBK acquired the business for $282.5 million - including $122.6 million in equity -...
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