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Announced

Completed

St. Johns Packaging completed the acquisition of the bakery packaging business of Amcor Flexibles.

Financials

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

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Friendly

packaging company

Majority

Containers and Packaging

Completed

United Kingdom

Private

Acquisition

Single Bidder

Synopsis

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St. Johns Packaging, a vertically integrated manufacturer of flexible packaging products, completed the acquisition of the bakery packaging business of Amcor Flexibles, a UK-domiciled packaging company. Financial terms were not disclosed. "Having established a strong competitive position in the North American market, this acquisition will provide us with an opportunity to replicate our business model in the world’s 2nd biggest bread bag market. We’re very happy to welcome Ilkeston’s team of highly qualified and experienced employees to the St. Johns Packaging family”, added Leclair," Marc Leclair, St. Johns Packaging President and CEO.

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