Announced
Completed
Financials
Tags
Containers and Packaging
Single Bidder
Acquisition
Friendly
Private
Majority
United States
packaging services
Domestic
Private Equity
Completed
Synopsis
Sealed Air, a provider of food packaging products, completed the acquisition of Liquibox, a producer of bag-in-box packaging and related filling equipment systems, from Olympus Partners, a private equity and venture capital firm, for $1.15bn. “Today is an exciting day for SEE as we welcome the global team at Liquibox. This is a powerful combination, bringing together our people, cultures, solution portfolios and global footprints that will deliver more innovative and sustainable solutions to the customers and markets we serve. Finalizing this strategic acquisition is an important step in our journey to world-class status, fueling growth, expanding market penetration and driving earnings power for our SEE Operating Engine,” Ted Doheny, SEE President and CEO.
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