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C-P Flexible Packaging takes over Flexo Transparent from ORIX, Sidereal Capital

Packaging products maker C-P Flexible Packaging Inc. paid an undisclosed amount to buy Flexo Transparent LLC from private equity firms ORIX Mezzanine & Private Equity and Sidereal Capital Group LLC.

Under the deal, Flexo, which offers plastic manufacturing and plastic solutions, will have no change in management.

C-P Flexible is sponsored by New York-based middle-market investment firm First Atlantic Capital Ltd.