Investment Summary

Rexam Invests In United Arab Can Manufacturing

On February 13, 2014, Rexam invested in packaging company United Arab Can Manufacturing for 122M USD

Investment Highlights
  • This is Rexam’s 11th transaction in the Packaging sector.
  • This is Rexam’s 6th largest (disclosed) transaction.
  • This is Rexam’s 1st transaction in Saudi Arabia.

Investment Summary

Date 2014-02-13
Target United Arab Can Manufacturing
Sector Packaging
Investor(s) Rexam
Deal Type Stake Purchase
Deal Value 122M USD

Target

United Arab Can Manufacturing

Dammam, Saudi Arabia
UAC makes beverage cans and can ends and is situated in Dammam, Saudi Arabia. The plant has an annual capacity of 1.8bn cans in both standard and specialty sizes. In 2012, the company generated EBITDA of c $29m.

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Investor(S) 1

Investor

Rexam

London, United Kingdom

Category Company
Founded 1923
Sector Packaging
Employees8,600
Revenue 3.9B GBP (2015)
DESCRIPTION

Rexam PLC is a British multinational consumer packaging company headquartered in London, United Kingdom. It is the largest manufacturer of beverage cans in the world and a leading producer of rigid plastic packaging.


DEAL STATS #
Overall 13 of 13
Sector (Packaging) 11 of 11
Type (Stake Purchase) 1 of 1
Country (Saudi Arabia) 1 of 1
Year (2014) 1 of 1
Size (of disclosed) 6 of 10
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2014-02-03 Nemera

Lyon, France

Nemera engages in the design, development, and manufacture of drug delivery devices including auto-injectors, inhalers, insulin pens, eye droppers, and pumps from four state-of-the-art manufacturing sites in France, Germany, and the US. Its products are sold to a variety of blue-chip customers from the pharmaceutical, biotech, and generics industries. Nemera was founded in 2003 and is headquartered in Lyon, France.

Sell $805M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2014-03-24 Rexam’s Healthcare Containers and Closures

United Kingdom

The Healthcare Containers and Closures business produces bottles, closures and specialty products for pharmaceutical and OTC (over-the-counter) applications.

Sell $135M