News Release

The Carlyle Group agrees to partner with current shareholders of Logoplaste, a global rigid plastic packaging producer

2016-045

London - The Carlyle Group (Nasdaq: CG) today announced that it has reached a partnership agreement with the family-owned business Logoplaste Group (Logoplaste) to support the continued growth of the Company. The agreement will reinforce the financial strength of Logoplaste and increase its investment capacity.

Capital for this investment will come from Carlyle Europe Partners IV (CEP IV), a European upper-mid-market buyout fund. The transaction is expected to close in the third quarter of 2016, subject to customary closing requirements and regulatory approvals.

Logoplaste is a global designer and manufacturer of value-added rigid plastic packaging solutions to a wide range of blue-chip clients, with its origin and roots in Portugal.  Celebrating its 40th anniversary this year, the company reported sales in 2015 of €468 million and employs 2,000 people in 16 countries across 4 continents. 

Filipe de Botton, Co-CEO of Logoplaste said: “We are delighted to partner with The Carlyle Group to support Logoplaste’s global growth plans. The combination of Carlyle’s global presence, experience in our markets and financial strength will help us to take advantage of the exciting opportunities available to us. We are proud of our strong reputation and entrepreneurial culture, of our 2,000 colleagues who have helped to build the company, and of our commitment to serving our global partners. We look forward, with the support of our new partner, Carlyle, to further building on these foundations.”

Alexandre Relvas, Co-CEO of Logoplaste commented: “Logoplaste’s management team has been impressed with Carlyle’s partnership approach. As the company celebrates its 40th anniversary, Logoplaste looks forward to a brighter future which will bring exciting opportunities to our colleagues and partners. “

Alex Wagenberg, Managing Director, The Carlyle Group said: “Logoplaste is globally renowned for innovation and customer service due to the commitment of its global team of talented managers and employees.  The company holds a strong position in a growing sector, and is also well positioned for future expansion due to its innovative R&D capabilities, efficient operating model, and partnership with longstanding blue chip customers. We look forward to working with Filipe, Alexandre and all the management team to further develop the company, using the expertise Carlyle has in helping to grow international businesses, along with our strong experience in opening new global markets for leading European-based packaging companies.”

Credit Suisse and PLMJ advised Logoplaste and its shareholders.  Barclays and Linklaters served as advisors to The Carlyle Group for the transaction.

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For more information:

Logoplaste
Magda Merali
Tel: +351 910 513 159 (mobile)
Email: magda.merali@logoplaste.com

The Carlyle Group
Carmen Basagoiti/Oscar Torres
Tel: +34 607 735 133 (mobile) or +34 91 702 71 70 (office)
Email: cbasagoiti@kreab.com / otorres@kreab.com

Catherine Armstrong
Tel: +44 (0) 207 894 1632 (office)
Email: catherine.armstrong@carlyle.com

About Logoplaste
Logoplaste is an industrial group, manufacturing rigid plastic packaging for many well-known global companies, in particular across the food and beverage, personal care, cosmetics, household care and oil and lubricants sectors. Founded in 1976, for over 40 years the company has pioneered in-house manufacturing with the "through the wall" concept, supplying plastic packages "just-in-time" from plants installed directly on the sites of partner clients. Logoplaste currently manages 60 factories, with locations in 16 countries: Brazil, Belgium, Canada, Czech Republic, France, Italy, Poland, Mexico, Netherlands, Portugal, Russia, Spain, Ukraine, United Kingdom, USA and Vietnam. The most up-to-date technologies in injection molding, stretch-blow molding and extrusion molding are used to produce packages across a wide range of market segments.

Web: www.logoplaste.com

About The Carlyle GroupThe Carlyle Group (NASDAQ: CG) is a global alternative asset manager with $178 billion of assets under management across 125 funds and 164 fund of funds vehicles as of March 31, 2016. Carlyle’s purpose is to invest wisely and create value on behalf of its investors, many of whom are public pensions. Carlyle invests across four segments – Corporate Private Equity, Real Assets, Global Market Strategies and Investment Solutions – in Africa, Asia, Australia, Europe, the Middle East, North America and South America. Carlyle has expertise in various industries, including: aerospace, defense & government services, consumer & retail, energy, financial services, healthcare, industrial, real estate, technology & business services, telecommunications & media and transportation. The Carlyle Group employs more than 1,650 people in 36 offices across six continents

Web: www.carlyle.com
Videos: www.youtube.com/onecarlyle 
Tweets: www.twitter.com/onecarlyle
Podcasts: www.carlyle.com/about-carlyle/market-commentary

About Carlyle Europe Partners
Carlyle Europe Partners (CEP) seeks to invest in mid-sized companies in Europe across a wide range of sectors and industries, accelerate their growth and support their efforts to expand internationally. The current fund is now the fourth in the CEP franchise. The fund is managed by a team of 39 investment professionals across five offices.  In total, over 140 investors from 35 countries have made commitments to the CEP IV fund. Recent investments by the fund include Saverglass (France), Digitex (Spain) & Comdata (Italy).

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