TPG Buys Taiwanese Packaging Firm HCP for $600 Million – Deal Journal – WSJ

TPG Buys Taiwanese Packaging Firm HCP for $600 Million – Deal Journal – WSJ.

Nader Nazemi-TPG Capital

Procter & Gamble Co.’s Pantene shampoo and conditioner sits on the shelf at a supermarket in New York, U.S.

Seems like a good move by the PE Firm. There is a never ending demand on packaging products. 

U.S. private-equity firm TPG Capital has bought Taiwanese packaging company HCP Holdings Inc. for $600 million, a person familiar with the matter said. 

HCP produces packaging for global cosmetics firms including L’Oreal SA, Shiseido Co. and Procter & Gamble Co., and was previously in talks to sell part of the company to Morgan Stanley’s private-equity arm, said the person Friday.

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