Announced
Completed
Financials
Tags
semi-chemical fluting
cores
coreboard
paper and packaging
Containers and Packaging
Monaco
Private
Minority
Completed
Friendly
Single Bidder
Acquisition
Private Equity
Synopsis
Madison Dearborn Partners acquired a minority stake in Powerflute from Dermot Smurfit £268m ($354m). The offer, announced on Thursday, from Nordic Packaging and Container (Finland), a vehicle specially set up by Madison Dearborn to launch the bid, comprises 90 pence for every Powerflute share, writes John Murray Brown.
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