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New Deal


Announced

Refresco to acquire AZPACK.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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bottling

Acquisition

Pending

canning

Majority

Friendly

Containers and Packaging

Private

Single Bidder

United States

food packaging

Synopsis

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Refresco, a bottler of beverages for retailers is set to acquire the manufacturing business of Arizona Production & Packaging, a food, and beverage manufacturing and packaging firm. Financial terms were not disclosed. The purchases will enable strategic growth in the North American market. "With the addition of AZPACK to the Refresco Group, we will be even better positioned to service customers in the Southwestern USA across many categories, including energy drinks and innovative sports drinks. AZPACK will have a specialist role in the Refresco Group, as they are known for their expertise in manufacturing complex niche products for branded beverage companies," Hans Roelofs, Refresco Group CEO.

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