Logo Cerea BPICerea Partenaire, the France-based private equity firm, BPI France SA, the France-based principal investment firm and management of Global Pallets and Packaging Services (GPS), the France-based provider of providing reusable multi-way packaging solutions, have acquired the company in a management buyout transaction, from Arkea Capital, BNP Paribas Private Equity and Etoile ID, the France-based private equity firms, for an undisclosed consideration.

The transaction will expand GPS’ geographic presence in Asia, Africa and South America. Under the terms of an agreement existing minority shareholders Arkea, BNP Paribas and Etoile ID will reinvest an undisclosed stake in the company.
Source Link: Cerea Partenaire press release, 02 February 2017

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