Lombard Realizes 3.5x Return on Strategic Sale of Packaging Company
Lombard Investments, Inc. announced today that it has sold its 23% stake in paper packaging manufacturer, S.Pack & Print Public Company Limited (“S.Pack”) to Oji Paper Company Limited, realizing a 3.5x return. Oji Paper Company Limited, founded in 1873 and based in Chuo-ku, Tokyo, is Japan’s leading paper packaging and related product manufacturer.