M&A Deal Summary |
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Date | 2021-09-08 |
Target | Fabri-Kal |
Sector | Packaging |
Buyer(s) | Pactiv Evergreen |
Deal Type | Add-on Acquisition |
Deal Value | 380M USD |
Advisor(s) | J.P. Morgan Securities (Financial) Clark Hill (Legal) |
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Category | Company |
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Founded | 1880 |
Sector | Consumer Products |
Employees | 15,000 |
Revenue | 5.5B USD (2023) |
Pactiv Evergreen is a manufacturer and distributor of foodservice, food merchandising products, and fresh beverage cartons in North America. The company produces a broad range of on-trend and feature-rich products that protect packages, and display food and beverages for today’s consumers, who want to eat or drink fresh, prepared, or ready-to-eat food and drinks conveniently and with confidence. Its 13,000 products ranging from food containers, plates and bowls, hot and cold cups, lids, wraps, and cutlery to meat and poultry trays, egg cartons, and reclosable beverage cartons. Pactiv supplies products to a broad and diversified mix of companies, including full and quick service restaurants, foodservice distributors, supermarkets, retailers, food and beverage producers, food packers, and processors. Pactiv Evergreen was formed in 1880 and is based in Lake Forest, Illinois.
DEAL STATS | # |
---|---|
Overall | 1 of 1 |
Sector (Packaging) | 1 of 1 |
Type (Add-on Acquisition) | 1 of 1 |
State (Michigan) | 1 of 1 |
Country (United States) | 1 of 1 |
Year (2021) | 1 of 1 |
Size (of disclosed) | 1 of 1 |