M&A Deal Summary

ShawKwei & Partners Acquires CTL

On September 7, 2023, private equity firm ShawKwei & Partners acquired packaging company CTL

Acquisition Highlights
  • This is ShawKwei & Partners’ 2nd transaction in the Packaging sector.
  • This is ShawKwei & Partners’ 2nd transaction in the United States.
  • This is ShawKwei & Partners’ 1st transaction in North Carolina.

M&A Deal Summary

Date 2023-09-07
Target CTL
Sector Packaging
Buyer(s) ShawKwei & Partners
Deal Type Buyout (LBO, MBO, MBI)

Target

CTL

Dallas, North Carolina, United States
CTL specializes in the production of plastic tubes for the beauty and health industry providing quality decorative capabilities and luxury finishing. CTL was founded in 2011 and is based in Dallas, North Carolina.

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Buyer(S) 1

DESCRIPTION

ShawKwei & Partners is a private equity firm focused on opportunities across the greater China region. The Firm takes an active role with investments and generally targets significant ownership stakes in middle-market manufacturing and service companies. ShawKwei & Partners was established in 1999 and is headquartered in Hong Kong.


DEAL STATS #
Overall 11 of 12
Sector (Packaging) 2 of 2
Type (Buyout (LBO, MBO, MBI)) 3 of 3
State (North Carolina) 1 of 1
Country (United States) 2 of 3
Year (2023) 2 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2023-09-07 ZymeFlow

Houston, Texas, United States

ZymeFlow engages in the decontamination of hydrocarbon process equipment for entry, inspection, and maintenance including hot work. The exclusive ZymeFlow Process uses proprietary chemistry and application to achieve vessel entry in 8-12 hours. This unparalleled process prepares equipment for entry by simultaneously de-oiling while eliminating pyrophoric iron sulfide (FeS), hydrogen sulfide (H2S), benzene, and other explosive gases (LELs). ZymeFlow was founded in 2002 and is based in Houston, Texas.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2023-09-25 Group14

Woodinville, Washington, United States

Group14 is a global manufacturer and supplier of advanced silicon battery materials that enable the electrification of everything from tiny medical, consumer, and commercial devices to every possible flavor and size of transportation. The company brings new finely-tuned performance capabilities to the era of the lithium-silicon battery. Group14 was founded in 2015 and is based in Woodinville, Washington.

Buy -