Carlyle to Acquire Majority Stake in Grupo Garnica Plywood S.A.
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Carlyle to acquire Garnica
Carlyle to acquire Garnica
On Thursday (10-20-22), Carlyle, a global investment firm, announced that it has agreed to acquire a majority stake in Grupo Garnica Plywood S.A., a leading global manufacturer of premium plywood.
Carlyle’s is purchasing shares from ICG, a leading global alternative asset manager, and certain shareholders, some of whom will retain a stake in the business, including the Garnica family and management team.
The closing, subject to customary regulatory approvals, is expected sometime in early 2023.
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