Skip to Content

Our history

One51

  • 2005: One51 established as a diversified investment company
  • 2006: Acquisition of Protech Plastics establishing the Plastics Division of One51
  • 2011: Adoption of an action plan to transform One51 from an investment company to an operations-focused business
  • 2014: Acquisition of Straight, a key supplier of environmental containers in the U.K.
  • 2015: One51 acquires a 67% majority equity interest in IPL with CDPQ (22%) Fonds (11%) as minority shareholders
  • 2016: Disposal of One51’s Irish metal recycling business
  • 2017: Refocus of operations on Rigid Plastic with the disposal of Clearcircle environmental services business. One51 changes its name to IPL
  • 2018: CDPQ and Fonds exchange their minority equity interest into shares of parent, effectively consolidating the company. Global refinancing of all credit facilities under parent company

IPL

  • 1939: IPL is founded as a small manufacturer of household items 
  • 1985: IPO of IPL on the Montreal Stock Exchange
  • 2010: IPL is taken private by Novacap & Fonds 
  • 2011: Acquisition of Plastic Enterprises Co., expanding Consumer Packaging Solutions capacity
  • 2015: One51 acquires a 67% majority equity interest in IPL with CDPQ (22%) Fonds (11%) as minority shareholders
  • 2016: Acquisition of Encore Plastics expanding its Large Format and Environmental Solutions capacity
  • 2017: Acquisition of Macro Plastics a leading manufacturer in returnable packaging solutions 
  • 2018: CDPQ and Fonds exchange their minority equity interest into shares of parent, effectively consolidating the company. Global refinancing of all credit facilities under parent company
  • 2019: Acquisition of Belgian Loomans Group - expands geographic reach, customer base and engineering capability

Find out more about our products or contact a member of the team.