Cerberus Capital Management, an alternative investment firm, completed the acquisition of the North American, Costa Rican, and Japanese businesses and related facilities of Closure Systems International, a provider of closure design, manufacturing, and high-speed application systems, from Reynolds Group. Financial terms were not disclosed. “We are excited to begin the next chapter of CSI’s story. As a result of our long and successful track record of delivering innovative, quality closure solutions, we have become a trusted partner to world-class companies. With Cerberus’ acquisition, we will maintain our commitment to meeting and exceeding the needs of our leading customers, while also identifying strategic growth opportunities to drive our long-term success,” Floyd Needham, CSI President, and CEO.