- Ecopol is headquartered in Chiesina Uzzanese, Italy
- Mauro Carbone, Ecopol’s CEO and controlling shareholder, will retain a significant stake
- Tikehau Capital, Ecopol’s existing minority investor, will also retain a minority stake
SK Capital Partners will acquire a majority stake in Ecopol, a developer and producer of water-soluble and biodegradable films and delivery systems.
No financial details of the transaction were disclosed.
Ecopol is headquartered in Chiesina Uzzanese, Italy. The company has invested over €70 million since 2019 to add new capacity and capabilities.
Mauro Carbone, Ecopol’s CEO and controlling shareholder, will retain a significant stake. Carbone will remain both the CEO and largest individual shareholder.
Tikehau Capital, Ecopol’s existing minority investor, will also retain a minority stake. Tikehau Capital invested in Ecopol in June 2021.
“We see tremendous opportunity for Ecopol to expand within its existing end-markets and leverage its core competencies in biodegradable films to enter new applications, which will experience significant tailwinds as brand owners and consumers seek more sustainable solutions,” said Daniele Ferrari, senior director at SK Capital.
Tikehau Capital is a global alternative asset management group based in Paris, France.
SK Capital is a private investment firm focused on the specialty materials, ingredients and life sciences sectors. The firm, based in New York, currently has around $7.8 billion in assets under management.
Latham & Watkins served as legal counsel to SK Capital. Crédit Agricole Italia and Intesa Sanpaolo are providing committed financing in support of the transaction.