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CITIC Capital acquires Axilone

A buyout fund managed by the private equity arm of CITIC Capital Holdings Limited has announced the acquisition of Axilone, PE Hub reported. The seller was Oaktree Capital Management LP. Financial terms of the transaction were not announced. Axilone is a provider of primary plastic and metal packaging solutions for global lipstick, fragrance, and skincare brands.

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PE Deals,private equity,private equity deals