ShawKwei & Partners Acquires CTL Packaging USA and Integrates It into ICONS Beauty Group

September 7, 2023

ShawKwei & Partners has acquired 100% of CTL Packaging USA, Inc. from Kaizaharra Corporación Empresarial (KCE) and will merge CTL into its portfolio company ICONS Beauty Group. The acquisition adds a U.S.-based plastic tube manufacturing capability (Charlotte, North Carolina) to ICONS' global beauty and health packaging platform to provide onshore production and broaden decorative and luxury finishing capabilities.

Buyers
ShawKwei & Partners, ICONS Beauty Group
Targets
CTL Packaging USA, Inc.
Sellers
Kaizaharra Corporación Empresarial (KCE)
Platforms
ICONS Beauty Group
Industry
Packaging
Location
North Carolina, United States
Transaction Type
Addon

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