M&A Deal Summary

Silgan Acquires Cobra Plastics

On February 4, 2020, Silgan acquired plastics company Cobra Plastics

Acquisition Highlights
  • This is Silgan’s 2nd transaction in the Plastics sector.
  • This is Silgan’s 7th transaction in the United States.
  • This is Silgan’s 1st transaction in Ohio.

M&A Deal Summary

Date 2020-02-04
Target Cobra Plastics
Sector Plastics
Buyer(s) Silgan
Deal Type Add-on Acquisition

Target

Cobra Plastics

Macedonia, Ohio, United States
Cobra Plastics, Inc. manufactures and sells injection-molded plastic closures for a wide variety of consumer products, with a particular focus on the aerosol overcap market. Cobra Plastics was founded in 1973 and is based in Macedonia, Ohio.

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Buyer(S) 1

Buyer

Silgan

Stamford, Connecticut, United States

Category Company
Founded 1987
Sector Packaging
Employees17,315
Revenue 5.9B USD (2024)
DESCRIPTION

Silgan is a supplier of rigid packaging for shelf-stable food and other consumer goods products. Silgan was founded in 1987 and is based in Stamford, Connecticut.


DEAL STATS #
Overall 11 of 15
Sector: Plastics M&A 2 of 3
Type: Add-on Acquisition M&A Deals 6 of 10
State: Ohio M&A 1 of 1
Country: United States M&A 7 of 9
Year: 2020 M&A 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2020-01-27 Albéa - Dispensing Business

Gennevilliers, France

Albéa, Inc. - Dispensing Business is a global supplier of highly engineered pumps, sprayers and foam dispensing solutions to major branded consumer goods product companies in the Beauty and Personal Care markets. It operates a global network of 10 plants across North America, Europe, South America, and Asia.

Buy $900M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2021-09-20 Gateway Plastics

Mequon, Wisconsin, United States

Gateway Plastics manufactures and sells dispensing closures and integrated dispensing packaging solutions, such as a combined container and closure or 100% recyclable dispensing beverage pods, to consumer goods product companies primarily for the food and beverage markets. Gateway Plastics is based in Mequon, Wisconsin.

Buy $485M