KKR, Apollo Among Potential Suitors for Portugal’s Logoplaste

US private equity firms KKR & Co. and Apollo Global Management are considering bids for Portuguese packaging maker Logoplaste, according to people familiar with the matter.

They are part of a group of buyout firms evaluating the business, while rival international packaging companies have also shown interest, the people said. Logoplaste is expected to receive non-binding offers in May, they said.

Ontario Teachers’ Pension Plan Board, the Canadian pension fund which owns 60% of Logoplaste, is working with advisers on a potential sale that could value the company at more than €1.7 billion ($2 billion), people familiar with ...