Loparex, a leading developer and producer of release liners, is entering its ‘next’ chapter following the completion of a previously recapitalisation.
The comprehensive recapitalisation initiative was led by Monarch Alternative Capital and Atlantic Park – an investment strategy of General Atlantic Credit – with participation from additional investors and lenders.
The completed transaction significantly strengthens Loparex’s balance sheet by reducing debt, improving liquidity, and providing greater financial flexibility to support continued investment in the business and execution of the company’s long-term growth strategy.
Loparex CEO Rich Holder (pictured, above) said, “Completion of this recapitalisation is a significant step forward for Loparex and enhances our global leadership in the release liner industry. We appreciate the confidence shown by Monarch, General Atlantic, and our other investors and lenders.
“We are entering this next chapter better positioned to invest in innovation, operational excellence and growth while continuing to deliver for our customers around the world.”
