M&A Deal Summary

SI East Acquires General Steel Drum

On September 6, 2018, SI East acquired packaging company General Steel Drum

Acquisition Highlights
  • This is SI East’s 1st transaction in the Packaging sector.
  • This is SI East’s 1st transaction in the United States.
  • This is SI East’s 1st transaction in North Carolina.

M&A Deal Summary
Date 2018-09-06
Target General Steel Drum
Sector Packaging
Buyer(s) SI East
Deal Type Add-on Acquisition

Target

General Steel Drum

Charlotte, North Carolina, United States
Formed in 1984, General Steel Drum LLC is a packaging and containers company based in Charlotte, North Carolina.

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Buyer(S) 1

Buyer

SI East

Wilmington, Delaware, United States
Category Company
Founded 2012
Sector Manufacturing
DESCRIPTION

SI East is a manufacturer of new steel drums including tight head, open head, interior lined, high and low-density polyethylene plastic liners and unlined drums as well as others, to service blue-chips customers across the chemical, resins, food products, petroleum, environmental, flavoring and recycling industries amongst others. SI East was founded in 2012 and is based in Wilmington, Delaware.

DEAL STATS #
Overall 1 of 1
Sector (Packaging) 1 of 1
Type (Add-on Acquisition) 1 of 1
State (North Carolina) 1 of 1
Country (United States) 1 of 1
Year (2018) 1 of 1
Mergr

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