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Announced

Completed

GELPAC completed the acquisition of Standard Multiwall Bag.

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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Specialty Contracting

United States

bags

Completed

Single Bidder

Majority

Cross Border

Friendly

Acquisition

Private

Synopsis

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GELPAC, a packaging solutions provider, completed the acquisition of Standard Multiwall Bag, a manufacturer of industrial and food grade multiwall and wovenpoly laminated bags. Financial terms were not disclosed. "The acquisition of efficient western and south-western production plants further strengthens our competitive position in North America. By combining the strengths of each of our plants, by integrating our respective R & D initiatives, on-going innovations to the manufacturing processes and procurement strategies, as well as extending our geographical reach, we will offer the best performing packaging solutions in the market," Alain Robillard, GELPAC CEO.

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