AIF invests in Southeast Asian consumer packaging firm
AIF Capital has completed a $40 million investment in Pacific Plas, one of the largest participants in Southeast Asia’s resin distribution and consumer packaging markets. AIF is the first private equity investor in the Singapore-based family-owned company.
The transaction was structured as an issuance of convertible preference shares by Pacific Plas to AIF-managed funds. Pacific Plas has subsidiaries in Singapore, China, Indonesia, Malaysia and Australia....
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