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 |
Revenue | 5.5B USD (2023) |
Pactiv Evergreen manufactures and distributes food service, 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 confidently. Pactiv's 13,000 products range 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. It supplies products to a broad and diversified mix of companies, including full and quick-service restaurants, food service 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 |