date:Jul 26, 2013
Private equity firm Oaktree Capital Group LLC has tapped Goldman Sachs Group to find a buyer for packaging company Tekni-Plex, in a deal that could fetch around $800 million, two people familiar with the matter said on Thursday.
The sale would come five years after Oaktree, in partnership with Avenue Capital Group, acquired a controlling stake in Tekni-Plex, which makes packaging and tubing materials for healthcare, food, beverage and other consumer products.
Founded in 1967, Tekni-Plex operat