Company:
GS Paper and Packaging
Description:
Paper and Box Packaging
Sector:
Manufacturing
Current/Previous:
Previous
Turnover:
$157 million (2009)
Employees:
1,350
Acquired:
July 2007
Region/Country:
Malaysia
CEO:
Mark Oughton

In July 2007, CVC Asia Fund II acquired GS Paper & Packaging (GSPP) from Genting Group in a transaction representing one of the first true 100% leveraged buyouts in Malaysia.

Founded in 1992, GSPP is the leading manufacturer and distributor of industrial brown papers and corrugated box packaging in Malaysia; it is the largest of the three integrated paper-box producers in the country, and is the market leader in terms of customer-base as well as scale and technology of production facilities.