Pamplona-backed Charter NEX acquires Optimum Plastics
December 04, 2015
Charter NEX Films, a portfolio company of Pamplona Capital Management, has completed the acquisition of Optimum Plastics in an all-cash transaction. Huron Capital Partners divested its stake in the company through the deal; the firm first invested in Optimum Plastics in 2012. The company produces engineered films for high-performance institutional food, industrial, medical, automotive and consumer market segments. Charter NEX financed the acquisition through a combination of cash on hand and credit facilities arranged by Guggenheim Corporate Funding.