ACON combines Intecplast and Pieriplast to form Amfora Packaging
ACON Investments LLC said Wednesday that it completed the buys of Intecplast S.A.S. and Pieriplast S.A.C. The two companies will be consolidated under the holding company, Amfora Packaging S.A.S., a pan-Andean plastic packaging companies with more than 800 employees and production facilities in Lima, Peru and Bogota, Colombia. Jose Alejandro Arango, the CEO of Intecplast, will become Amfora's CEO, while Renato Pierinelli, founder and former CEO of Pieriplast, will have an equity stake in Amfora and will become both the Chief Technical Officer and Chairman. The investment comes from ACON's fourth pool of capital for Latin America, ACON Latin American Opportunities Fund IV L.P.
4 June 2015•4 mins read
