Platinum Equity has signed an agreement to acquire Foam Plastic Solutions and Flow Control Devices (FCD) businesses from Broadway Industrial Group. FPS provides protective packaging, insulation and component products to the medical, ...
ConAgra Foods has entered into an agreement with Platinum Equity to sell its food ingredient sourcing and distribution company JM Swank for an undisclosed sum. The sale of JM Swank is part of ConAgra's strategy to restructure its ...
Tags: ConAgra Foods, Platinum Equity
ConAgra Foods has announced that it would invest $200m to expand operations at its Lamb Weston’s facility in Richland, Washington, US. The expansion will see an addition of a new french fry processing line at the plant. While the ...
Tags: ConAgra, fry processing line
Moody's Investors Service said that Bass Pro Group, LLC's Dec. 11, 2014 announcement that it has agreed to acquire fishing boat maker Fishing Holdings, LLC from Platinum Equity is a modest credit negative because leverage will increase ...
Tags: Debt Ratings, Sporting Goods
Flexible packaging supplier Bemis Company has announced the sale of its global pressure sensitive materials business, MACtac to Platinum Equity for $170m. Bemis, that specialises in producing pressure sensitive materials for food, ...
Tags: pressure sensitive materials, MACtac business, Agriculture
Telecommunications provider, Telstra, is set to make $454 million from a new strategic partnership with Platinum Equity as it prepares to sell 70 per cent of its stake in its directories business, Sensis, to the US-based private equity ...
Tags: Telstra, Telecommunications
Two giant private equity groups, Blackstone and Carlyle, are among companies believed to be preparing bids for cartons giant Chesapeake, according to media reports. The Sunday Times (19 May) reported that Blackstone and Carlyle are ...
Tags: US, Chesapeake, Packaging
North American rigid containers supplier BWAY has completed the previously announced acquisition of Canada-based Ropak Packaging in a transaction valued at about $265m. Under the terms of the agreement, which was originally announced in ...
Tags: BWAY, packaging company, rigid containers, Ropak Packaging
The deal, which was first announced in November, will see four Contego facilities – in Leeds and Gillingham in the UK, Hoogerheide in the Netherlands and Portlaiose in Ireland – transfer to the US-based cartons giant. It then ...
Tags: Graphic Packaging, Fair Trading, cartons, food packaging
Plastics group Linpac Packaging has laid out a raft of investment plans in its European business for 2013 after its US sister company Ropak was sold in a $265m (£163m) deal Ropak Packaging was, earlier this month, sold to metal ...
Tags: packaging, plastic, Linpac Packaging, Ropak
News of the acquisition comes just a month after BWAY Corporation was bought by private equity house Platinum Equity – which also owns Contego Packaging in the UK. In a statement, Louis Samson, a partner at Platinum Equity, said ...
Tags: Linpac, North American Business Ropak, BWAY Corporation, Louis Samson
UK-based Contego Packaging, acquired by Platinum Equity in 2011, has invested in a new 6,200 sq m factory in Wolfen, Germany to replace its existing facility. The new factory enables production and warehousing to be located under one roof ...
Tags: new factory, packaging, technology
Carton manufacturer Contego Packaging has announced plans to invest about €1m in new die-cutting and finishing technology at its Piacenza and Cervia plants in Italy. At the Piacenza site, the company will install a paper collating ...
The deal, announced this morning, will give Graphic Packaging a stronger foothold in the European market and will add to its beverage cartons operations. For Contego, the sale of the business – which has sites in Leeds and ...
Tags: Contego, sell, food carton, packaging, Graphic Packaging, beverage carton
North American rigid containers supplier BWAY has entered into a definitive agreement to acquire Ropak Packaging from the Linpac Group in a deal valued at about $265m. BWAY president and chief executive officer Kenneth Roessler said ...
Tags: container, BWAY, acquisition, acquire, Ropak Packaging, stock purchase