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Announced

Completed

Snow Phipps-backed Brook & Whittle completed the acquisition of Gilbreth Packaging Solutions from WestRock Packaging.

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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Majority

United States

Single Bidder

Private Equity

Acquisition

shrink sleeves

Containers and Packaging

Domestic

Private

Completed

Friendly

Synopsis

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Snow Phipps-backed Brook & Whittle, a provider of printing and packaging solutions, completed the acquisition of Gilbreth Packaging Solutions, a manufacturer of shrink sleeve labels for a variety of consumer and healthcare end markets, from WestRock Packaging, a manufacturer of corrugated and consumer packaging products. Financial terms were not disclosed. "Croydon is a unique business based on their depth of experience in and knowledge of the shrink sleeve category, which remains a significant strategic focus for us. We are eager to focus our combined efforts on sustainable packaging solutions and to utilize the operational capabilities that Croydon provides to more effectively serve our growing customer base," Mark Pollard, Brook & Whittle CEO.

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