Pamplona Capital Management (“Pamplona”) has signed an agreement to invest in Loparex alongside members of the company’s leadership team, who remain committed to supporting the long-term growth of Loparex’s customers. Following the transaction, Intermediate Capital Group (“ICG”) will no longer be a shareholder in Loparex.
Martin Schwab and William Pruellage, Co-Managing Partners at Pamplona, commented: “We’re excited to be partnering with Simon and his team at Loparex and look forward to working with them in delivering growth and further success for the company in the years ahead.”
Simon Medley, Loparex CEO, commented: “I appreciate the support of Intermediate Capital Group during the last few years and believe Pamplona is now the right sponsor to fuel our future growth ambitions. The potential to accelerate our strategic path is exciting news for our customers, suppliers and employees as we seek to further strengthen our industry leading position.”
Phone: +1 919 678 7743
Cardew (PR advisor to Pamplona)
Phone: +44 7738 724 630
Loparex is the leading, global manufacturer of silicone release liners, serving customers in a diverse range of technically demanding end markets, including medical, industrial, tapes, graphics, hygiene, label and composites. Loparex offers in-depth technical expertise and industry-leading production technology across operations in North America, Europe, and Asia.
Please see www.Loparex.com for further information.
About Pamplona Capital Management:
Pamplona Capital Management is a specialist investment manager established in 2005 that provides an alternative investment platform across private equity and other diversified strategies. With offices in New York, London, Boston and Madrid, Pamplona manages over $12 billion in assets for a variety of clients including public pension funds, international wealth managers, multinational corporations, family offices, and funds of hedge funds. Pamplona invests long-term capital across the capital structure of its portfolio companies in both public and private market situations.
Please see www.pamplonafunds.com for further information.