M&A Deal Summary

Bway Acquires Plastican

On October 25, 2010, Bway acquired packaging company Plastican

Acquisition Highlights
  • This is Bway’s 2nd transaction in the Packaging sector.
  • This is Bway’s 1st transaction in the United States.
  • This is Bway’s 1st transaction in Massachusetts.

M&A Deal Summary
Date 2010-10-25
Target Plastican
Sector Packaging
Buyer(s) Bway
Deal Type Add-on Acquisition
Advisor(s) Capstone Partners (Financial)

Target

Plastican

Leominster, Massachusetts, United States
Plastican, headquartered in Leominster, MA, produces a wide range of innovative plastic pails used for packaging industrial and consumer products. The Company operates four manufacturing plants located in Leominster, MA, Macon, GA, Dallas, TX, and Phoenix AZ, and generated net sales of $90 million in 2009. The acquisition was funded with available cash on hand.

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Buyer(S) 1

Buyer

Bway

Atlanta, Georgia, United States
Category Company
Sector Packaging
DESCRIPTION

Bway Corp. is a manufacturer and distributor of metal and rigid plastic containers that are used primarily for packaging of industrial and consumer products.

DEAL STATS #
Overall 2 of 8
Sector (Packaging) 2 of 6
Type (Add-on Acquisition) 2 of 5
State (Massachusetts) 1 of 1
Country (United States) 1 of 6
Year (2010) 1 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2007-02-08 Vulcan Containers

Toronto, Ontario, Canada

Vulcan Containers Ltd. is a producer and distributor of steel pails, drums and specialized cans.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2010-12-20 Phoenix Container

North Brunswick, New Jersey, United States

Phoenix Container, Inc. engages in the manufacture and sale of metal pails in North America.

Buy -
Mergr

Product

Company

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