BS Private Equity sells Radici Film

BS Private Equity has exited European plastic films supplier Radici Film in a deal worth a reported US$312m (€200m). The company was bought by Dubai-headquartered Taghleef Industries.

Italy-based Radici operates two production sites, one in Italy and one in Hungary. It sells plastic films to packaging markets including both food and non-food packagers.

According to reports, the exit has generated a 2x return for BS, which recouped 2.5x its money earlier this month from the divestment of Sicurglobal, a security portfolio company bought by Stirling Square Capital Partners.