M&A Deal Summary

Berry Acquires Cardinal Packaging

On June 28, 1999, Berry acquired packaging company Cardinal Packaging

Acquisition Highlights
  • This is Berry’s 1st transaction in the Packaging sector.
  • This is Berry’s 1st transaction in the United States.
  • This is Berry’s 1st transaction in Ohio.

M&A Deal Summary
Date 1999-06-28
Target Cardinal Packaging
Sector Packaging
Buyer(s) Berry
Deal Type Add-on Acquisition
Advisor(s) Brown Gibbons Lang (BGL) (Financial)

Target

Cardinal Packaging

Streetsboro, Ohio, United States
Cardinal Packaging, Inc. manufacturer of plastic containers.

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Buyer(S) 1

Buyer

Berry

Evansville, Indiana, United States
Category Company
Founded 1967
Sector Plastics
Employees44,000
Revenue 12.7B USD (2023)
DESCRIPTION
Berry's corporate headquarters in Evansville, Indiana.
Berry's corporate headquarters in Evansville, Indiana.

Berry is a manufacturer and marketer of plastic packaging products for personal care, household, industrial, and transportation markets. Berry was incorporated in 1967 and is based in Evansville, Indiana.

DEAL STATS #
Overall 1 of 14
Sector (Packaging) 1 of 4
Type (Add-on Acquisition) 1 of 11
State (Ohio) 1 of 2
Country (United States) 1 of 10
Year (1999) 1 of 1
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2005-06-01 Tubed Products

Easthampton, Massachusetts, United States

Tubed Products LLC is a manufacturer of plastic squeeze tubes and caps.

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