M&A Deal Summary

Reynolds Group Holdings Acquires Pactiv

On August 17, 2010, Reynolds Group Holdings acquired packaging company Pactiv for 6.0B USD

Acquisition Highlights
  • This is Reynolds Group Holdings’ 3rd transaction in the Packaging sector.
  • This is Reynolds Group Holdings’ largest (disclosed) transaction.
  • This is Reynolds Group Holdings’ 2nd transaction in the United States.
  • This is Reynolds Group Holdings’ 1st transaction in Illinois.

M&A Deal Summary
Date 2010-08-17
Target Pactiv
Sector Packaging
Buyer(s) Reynolds Group Holdings
Deal Type Add-on Acquisition
Deal Value 6.0B USD
Advisor(s) Credit Suisse Investment Banking (Financial)
Skadden, Arps, Slate, Meagher & Flom (Legal)

Target

Pactiv

Lake Forest, Illinois, United States
Pactiv is a major producer of food service disposables and food packaging products. The Company operates over 50 manufacturing plants in seven countries. Pactiv makes and sells products used in the foodservice, supermarket, and food packaging markets. Pactiv was formed in 1959 and is based in Lake Forest, Illinois.

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Buyer(S) 1

Buyer

Reynolds Group Holdings

Auckland,, New Zealand
Category Company
Founded 2006
Sector Consumer Products
Employees30,000
DESCRIPTION

Reynolds Group Holdings Limited is a manufacturer and supplier of consumer beverage and foodservice packaging products. Reynolds Group Holdings Limited is based in Auckland, New Zealand.

DEAL STATS #
Overall 3 of 5
Sector (Packaging) 3 of 5
Type (Add-on Acquisition) 1 of 2
State (Illinois) 1 of 1
Country (United States) 2 of 4
Year (2010) 3 of 3
Size (of disclosed) 1 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2010-05-04 Evergreen Packaging

Canton, North Carolina, United States

Evergreen Packaging group of companies manufacture fresh carton packaging systems for beverage products, primarily serving the juice and milk end markets.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2011-03-11 Dopaco

Exton, Pennsylvania, United States

Dopaco is a manufacturer of paper cups and folding cartons for the quick-service restaurant and food service industries.

Buy $400M
Mergr

Product

Company

Legal