Add-on Acquisition • Manufacturing

MeadWestvaco Acquires Polytop

On January 4, 2012, MeadWestvaco acquired manufacturer Polytop

Acquisition Context
  • This is MeadWestvaco’s 2nd transaction in the Manufacturing sector.
  • This is MeadWestvaco’s 3rd transaction in the United States.
  • This is MeadWestvaco’s 1st transaction in Rhode Island.

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M&A Deal Summary

Date January 4, 2012
Target Polytop
Sector Manufacturing
Buyer(s) MeadWestvaco
Deal Type Add-on Acquisition

Target Company

Polytop

Slatersville, Rhode Island, United States
Polytop Corporation, an innovative leader in the design and manufacturing of dispensing closures
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Buyer Overview 1

Buyer

MeadWestvaco

Richmond, Virginia, United States

Category Company
Founded 1888
Sector Packaging
Employees16,000
Revenue 5.4B USD (2013)
DESCRIPTION

MeadWestvaco Corporation is a packaging company providing innovative solutions to the world’s most admired brands in the healthcare, beauty and personal care, food, beverage, home and garden, tobacco, and agricultural industries. The company also produces specialty chemicals for the automotive, energy, and infrastructure industries and maximizes the value of its development land holdings. MWV’s network of 125 facilities and 16,000 employees spans North America, South America, Europe and Asia.


Deal Context for Buyer #
Overall 3 of 6
Sector: Manufacturing 2 of 2
Type: Add-on Acquisition 2 of 4
State: Rhode Island 1 of 1
Country: United States 3 of 4
Year: 2012 1 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2010-12-03 MeadWestvaco Envelope Products Group

United States

The Envelope Products Group has approximately 910 employees in the United States and all are expected to transition to Cenveo. Labor agreements will remain in place at Envelope Products Group locations.

Sell -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2012-06-06 AARDEX SA

Zug, Switzerland

AARDEX Group is the leader and pioneer in the design and use of electronic medication event monitoring systems and applications designed to measure, analyze, and manage patient adherence in clinical drug trials.

Buy -