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Announced

Completed

CC Industries-backed Selig Group completed the acquisition of PSI.

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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Friendly

Industrial Intermediate

Domestic

Single Bidder

Majority

Completed

plastics products

Containers and Packaging

United States

Acquisition

Private

Synopsis

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CC Industries-backed Selig Group, a global flexible packaging company, completed the acquisition of Performance Systematix, a supplier of container and packaging venting solutions worldwide. Financial terms were not disclosed. “Selig is an ideal partner to support PSI’s team in its next phase of growth. This is a highly strategic combination which expands both companies’ product lines, enabling us to provide a more comprehensive solutions offering for customers globally. We will continue to focus on the innovative, high quality products and the exemplary service our customers rely upon,” Glenn Dunn, PSI President.

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