Ontario Teachers’ Eyes Logoplaste Exit at $2 Billion Valuation

Ontario Teachers’ Pension Plan Board is exploring a sale of Portuguese packaging maker Logoplaste, which could be valued at more than €1.7 billion ($2 billion) in a deal, according to people with knowledge of the matter.

The Canadian pension fund holds a 60% stake in Logoplaste and has selected banks to advise on a potential sale of the whole company, the people said, asking not to be identified discussing private information. A transaction could be completed as soon as 2026, they added.

Deliberations are ongoing and there’s no guarantee they would lead to a transaction, the people said.

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