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New Deal


Announced

Completed

Pact Group completed the acquisition of Synergy Packaging from RPC Group.

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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Australia

polyethylene terephthalate

Containers and Packaging

Domestic

Private

Majority

plastic containers

Acquisition

Completed

Single Bidder

Friendly

Synopsis

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Pact Group, an integrated packaging, reuse, and recycling company, completed the acquisition of Synergy Packaging, a manufacturer of polyethylene terephthalate and high-density polyethylene containers, from RPC Group, a firm that manufactures and sells a variety of packaging and technical components. Financial terms were not disclosed. "Synergy is a well-run and successful business with complementary capabilities so this acquisition will accelerate the delivery of our growth strategy in the health and personal care business. Synergy’s rPET packaging capabilities will further enhance our capacity to meet growing customer demand for sustainable products and aligns directly with Pact’s vision to lead the circular economy," Sanjay Dayal, Pact Group Managing Director and CEO.

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