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New Deal


Announced

Silgan to acquire the dispensing business of Albea for $900m.

Financials

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Transaction Value£689m
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales2.5x
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Cross Border

Majority

Containers and Packaging

Friendly

Acquisition

France

Private

beauty products packaging

Single Bidder

Pending

Synopsis

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Silgan, a supplier of rigid packaging for consumer goods products, agreed to acquire the dispensing business of Albea, a France-based manufacturer of beauty products packaging, for $900m. "This proposed acquisition would significantly enhance the scope and breadth of our market leading closures franchise by bringing new products and capabilities in the highly engineered dispensing category, such as fine lotion dispensing solutions for skin care," Tony Allott, Silgan Chairman and CEO.

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