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SK Capital makes strategic investment in Ecopol

Ecopol, a developer and producer of biodegradable films and delivery systems, has secured a strategic investment from affiliates of SK Capital Partners (SK Capital), a private investment firm focused on the specialty materials, ingredients, and life sciences sectors.

SK Capital has acquired a majority interest in the company with Mauro Carbone, Ecopol’s CEO and controlling shareholder, retaining a significant stake and remaining as both the CEO and largest individual shareholder.

The firm has also formed a new Board of Directors, which includes industry leaders with extensive experience across sustainable materials and consumer packaged goods (CPG) markets in Ecopol’s value chains, including Jan-Dirk Auris, E. Craig Mitchell, Daniele Ferrari and Dave Mezzanotte.

Auris spent over 35 years at Henkel AG & Co KGaA (Henkel), where he served in a variety of senior executive roles and as a member of the Henkel Management Board, while Mitchell has over 35 years of experience in the specialty materials industry and currently serves as President, Flavors and Extracts Group at Sensient Technologies Corporation.

Ferrari meanwhile, who will serve as Board Chairman, is based full-time in Italy, has over 35 years of experience in the specialty materials industry, most recently as the CEO of Versalis,, while Mezzanotte has over 40 years of experience in the specialty materials and packaging industries and has served as a Senior Director at SK Capital since 2018.

The Board of Directors also includes Mauro Carbone, Ecopol CEO and significant minority investor; Stephen d’Incelli, Deal Lead and Managing Director at SK Capital; and Josh Lieberman, Principal at SK Capital.

Latham & Watkins LLP served as legal counsel to SK Capital. Lead arrangers and bookrunners Crédit Agricole Italia S.p.A. and Intesa Sanpaolo S.p.A provided committed financing in support of the transaction. Legance and Alpeggiani Studio Legale Associato served as legal counsel and STS Deloitte served as tax advisor to Ecopol. UBS served as financial advisor.

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