Pamplona Capital Management LLP wrapped up its purchase of Loparex Holding BV, alongside the latter's leadership team.

Funds managed by private equity firm Intermediate Capital Group PLC sold the silicone release liners manufacturer.

The company, which will continue to be led by Simon Medley as CEO, was bought by its former owner in April 2015.

The specialist investment manager conducted the transaction through its Pamplona Capital Partners V LP fund.