Tag Archive for: Tamires Frasson

RC Law Advised Arenales on the Acquisition of a Nursery in New York

RC Law has acted as buyer’s counsel for Arenales Red Educativa, of Spain, on the acquisition of a 50% of a nursery school based in Tribeca, New York. Arenales is an educational institution that provides its students with a high-level academic education, and at the same time, a human formation based on the fundamental principles of Christian doctrine. Associate Carla Marco led the transaction and she was supported by associate Tamires Frasson. Seller was represented by Abrams Garfinkel Margolis Bergson, LLP, New York.

Press Release – Arenas

Arenales refuerza su participación en América

Arenales continúa trabajando para mejorar la sociedad a través de la educación, allá donde está presente. Este año la red llega a Nueva York (EEUU) y a Santiago de los Caballeros (Rep. Dominicana) con dos nuevas incorporaciones en la Red. 

«Mejorar la sociedad a través de la educación» con este objetivo desde la red se quiere seguir promoviendo proyectos educativos en el continente americano. Este camino de expansión de Arenales en América comienza con la entrada como socio en la Escuela Infantil Play Garden New YorkC Tribeca. Una alianza que permite afianzar la presencia de la Red en EEUU, concretamente en Nueva York, y abrirse a nuevos proyectos educativos.   

La expansión de la Red continúa en el norte de República Dominicana,  concretamente en la ciudad de Santiago de los Caballeros. Allí se encuentra el colegio Arenales Duarte un centro educativo que también se incorporará a la Red, convirtiéndose en el primer centro educativo de Centroamérica. 

La entrada de Arenales en ambos centros educativos aportará conocimiento y  experiencia en la gestión de centros educativos y de capital humano. Del mismo modo, este crecimiento ayuda internamente a enriquecer al resto de centros de la red y a afianzar nuevas alianzas educativas entre entidades educativas de diferentes países y continentes. Colaborando y compartiendo experiencias y recursos que ayuden en la formación de los alumnos y sus familias. 

El viaje a América ha permitido encontrarse con colegios con los que Arenales tiene una estrecha colaboración como Shelton Academy en Miami. Un colegio que el año pasado estrenó un nuevo Campus escolar. Allí Alfonso Aguiló aprovechó la visita para impartir una sesión de formación al profesorado.

6 centros en América

Con la incorporación de los nuevos centros a la Red, en estos momentos Arenales cuenta con 6 colegios en el continente americano. Hasta el momento Arenales Red Educativa tiene acuerdos de colaboración con varios centros en el continente. Concretamente está presente en Miami (EEUU ) con Shelton Academy y en California (EEUU) con Wood Rose Academy School. En América del Sur en Encarnación (Paraguay), con el colegio Riogrande; y en Chicureo (Chile), con el colegio Pedregales.

Source: https://arenalesrededucativa.es/tag/nueva-york/

RC Law Acted on KCE’s US Sell to an Asian Private Equity Firm

RC Law represented Basque group KCE, S.L.U., as seller, on the sale of its interests in CTL Packaging USA, Inc., a North Carolina corporation, to ShawKwei & Partners, a Singapore/Hong-Kong private equity industrial investor.  The transaction was structured through a cash merger and included representations & warranties insurance financed by both parties equally.  CTL Packaging USA, Inc. is a company dedicated to the development and manufacturing of flexible tube packaging solutions for different sectors such as cosmetics, pharmaceuticals, oral care and food.  Partner Xavier Ruiz was the lead counsel for the seller and he was supported by associates Florencia Fernandez and Tamires Frasson. The buyer was represented by Hunton Andrews Kurth, Houston, TX office.

Press Release by CTL Pack

KCE, OWNER OF CTLPACK GROUP, SELLS USA SUBSIDIARY TO ICONS GROUP AND TRANSFERS MANUFACTURING ACTIVITIES FROM BARCELONA TO CTLPACK VITORIA

KAIZAHARRA CORPORACION EMPRESARIAL (KCE), owner of the CTLpack Group (formerly TUBOPLAST), has closed an agreement for the sale of 100% of the capital of its subsidiary CTLpack USA, located in Charlotte (North Carolina) to the ICONS Group. The agreement, finalized this week, includes the collaboration of the CTLpack Group to continue supplying components for the manufacture of cosmetic tubes, as well as technical assistance services.

The closure of CTLpack Barcelona (formerly TAPSER) took place on July 31, 2023, transferring the laminated tube manufacturing facilities to CTLpack’s plant in Vitoria. This transfer has already been carried out, and the manufacturing of laminated tubes at the Vitoria plant is now operational.

Both operations, the transfer of CTLpack Barcelona and the sale of CTLpack USA, in addition to the development of the investment and modernization plan that is in execution period, are part of KCE’s strategy to strengthen the position of CTLpack Group as one of the leading companies in Europe in cosmetic and pharmaceutical tube packaging. In this way, the design and technology capabilities of the Vitoria plant will be strengthened and the manufacturing capabilities of the Vitoria and Vichy – France plants will be modernized.

Source: https://ctlpack.com/en/kce-owner-of-ctlpack-group-sells-usa-subsidiary-to-icons-group-and-transfers-manufacturing-activities-from-barcelona-to-ctlpack-vitoria/

Press Release by ICONS USA

ICONS BEAUTY GROUP ACQUIRES ON-SHORE USA PACKAGING MANUFACTURER

ICONS Beauty Group (“ICONS”) a cosmetic, beauty and health group of companies, and a ShawKwei & Partners portfolio company, announces the 100% acquisition of CTL Packaging USA, Inc. (“CTL”).  CTL will now operate as ICONS America LLC.  The facility specializes in the production of injection molded tubes using In-Molded Label (“IML”) technology for the beauty and health industry, providing high-quality decorative capabilities and luxury finishing.

Based in Charlotte, North Carolina, CTL was founded in 2011 as part of CTLpack Group S.L.U., a long-standing Spanish tube manufacturer for beauty and health products.  The facility will merge into ICONS Beauty Group, which is headquartered in Singapore, to broaden its capabilities with made-in-USA quality products.  ICONS has an over 30-year history of providing beauty and health customers with quality packaging products such as tubes, bottles, jars and accessories. Recently, ICONS has started production of sustainable rigid packaging products from its group factory in Thailand bringing more diversity to the supply chain.  In addition, ICONS has a factory in Sydney, Australia producing natural and innovative hair treatments, personal care and skincare for specialty brands in Australia, USA and Europe.

Sue Nichols, the CEO of ICONS Group, said, “CTL has an experienced management team with well-established technology and proven products already in the market. We welcome CTL to the ICONS family as ICONS America LLC. The acquisition provides customers with a USA onshore manufacturing solution which reduces the carbon footprint by manufacturing close to their customers and shortening the shipment delivery lead time.  We look forward to delivering a broad selection of innovative and cost-efficient quality products to our customers.”

Kyle Shaw, Founder and Managing Partner of ShawKwei said, ” The beauty and health industry has a complex value chain, and the combination of CTL with ICONS provides USA customers with greater flexibility to optimize their supply chain and accelerate time-to-market for new products.  ICONS already has a well-developed beauty and health packaging business in Asia and an Australian manufacturer of hair treatments, personal care and skincare. ICONS Beauty Group will leverage their current capabilities together with ICONS America LLC manufacturing operations to expand ICONS packaging products and capabilities.”

About Icons Beauty Group

Icons Beauty Group (“ICONS”) is owned by ShawKwei & Partners and ICONS management and is described more fully at www.iconsbeautygroup.com.  ICONS delivers innovative and sustainable product solutions to beauty and health customers in USA, Europe and Australia. ICONS has two wholly owned subsidiaries with ICONS|ICS and ICONS|Rauxel.   ICONS|ICS is a full-service provider of primary packaging, design and supply to color cosmetic, skincare, pharmaceutical and beauty customers. ICONS|ICS has a global presence with offices in Asia, North America and Australia and a top tier Corporate Social Responsibility rating with a Platinum EcoVadis Medal, SEDEX and UN Global Compact memberships. ICONS|Rauxel is based in Sydney, Australia and is a leading private label manufacturer of premium, clean and creative haircare and skincare products and specializes in botanical and natural extract formulations. ICONS|Rauxel is ISO GMP 22716 and Australian Organic certified.

About ShawKwei & Partners

ShawKwei & Partners is a private equity industrial investor with offices in Singapore, Hong Kong, San Francisco, and Shanghai.  ShawKwei & Partners invests in industrial and service companies with revenues between US$50-800 million operating across Asia, Europe, and the USA.  After investing, ShawKwei & Partners helps improve a business by partnering with management to identify and realize sustainable performance improvements in sales growth, margin expansion, and capital efficiency.

Kyle Shaw established ShawKwei & Partners in 1998 after previously managing Asian private equity funds for the Tudor Investment Group and Security Pacific National Bank.  Past investments include the energy engineering solutions business of the CR3 Group; the beauty and health business of the ICONS Group; the Chinese adhesive tape manufacturer YongLe Tape; the precision engineering manufacturer of plastics, metals and electronics Beyonics; the German designer and manufacturer of capital equipment for PCB’s, solar cells and lithium batteries Schmid Group; and the contract manufacturer of electronics Flex Holdings (previously Flextronics).  For more information please visit: www.shawkwei.com

Source: https://www.ics-world.com/icons-beauty-group-acquires-on-shore-usa-packaging-manufacturer/