M&A Deal Summary

Coveris Group Acquires Plassein International

On September 30, 2003, Coveris Group acquired packaging company Plassein International

Acquisition Highlights
  • This is Coveris Group’s 1st transaction in the Packaging sector.
  • This is Coveris Group’s 1st transaction in the United States.
  • This is Coveris Group’s 1st transaction in Connecticut.

M&A Deal Summary
Date 2003-09-30
Target Plassein International
Sector Packaging
Buyer(s) Coveris Group
Deal Type Add-on Acquisition

Target

Plassein International

Willington, Connecticut, United States
Plassein International Corp. is a roll-up of companies in the flexible plastic packaging industry.

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Buyer(S) 1

Buyer

Coveris Group

Vienna, Austria
Category Company
Founded 2013
Sector Packaging
DESCRIPTION

Coveris is a global plastic packaging company formed by the combination of Exopack, Britton Group, Kobusch, PACCOR and Paragon Print & Packaging, the company is an established leader in the development, manufacture, and sourcing of flexible and rigid plastic and paper packaging, as well as coatings solutions for various consumer and industrial end-use markets. Coveris was founded in 2013 and is based in Vienna, Austria.

DEAL STATS #
Overall 1 of 14
Sector (Packaging) 1 of 11
Type (Add-on Acquisition) 1 of 10
State (Connecticut) 1 of 1
Country (United States) 1 of 3
Year (2003) 1 of 1
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2013-05-01 Britton Group

Winsford, United Kingdom

Britton Group is a flexible packaging business in Europe, producing 80,000 tonnes of plastic film and converted products each year.

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Mergr

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