Add-on Acquisition • Packaging

Silgan Acquires Weener Plastics

On July 24, 2024, Silgan acquired packaging company Weener Plastics from 3i Private Equity for 838M EUR

Acquisition Context
  • This is Silgan’s 7th transaction in the Packaging sector.
  • This is Silgan’s 2nd largest (disclosed) transaction.
  • This is Silgan’s 1st transaction in the Netherlands.

Explore All 1076 Add-on Acquisition Packaging Deals - Search the Database Free


M&A Deal Summary

Date July 24, 2024
Target Weener Plastics
Sector Packaging
Buyer(s) Silgan
Sellers(s) 3i Private Equity
Deal Type Add-on Acquisition
Deal Value 838M EUR

Target Company

Weener Plastics

Ede, Netherlands
Weener Plastics creates, designs, and produces plastic packaging products for fast-moving consumer goods, primarily for large consumer brand customers. Weener Plastics was founded in 1960 and is headquartered in Ede, Netherlands.
Explore More Deals

Browse All 215,156 Deals

FILTER BY

  • Buyer Type (PE or Strategic)
  • Deal Size ($10M to $10B+)
  • Sector (60 Sectors)
  • Deal Type
  • Geography
  • & More

Search Free

Buyer Overview 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 Context for Buyer #
Overall 15 of 15
Sector: Packaging 7 of 7
Type: Add-on Acquisition 10 of 10
Country: Netherlands 1 of 1
Year: 2024 1 of 1
Size (of disclosed) 2 of 10
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2021-10-04 Easytech

Salerno, Italy

Easytech is a manufacturer of a broad portfolio of metal ends, including easy-open metal ends, in the European market. Easytech was founded in 2007 and is based in Salerno, Italy.

Buy $37M

Seller Profile 1

SELLER

3i Private Equity

London, United Kingdom

Investor Investor Investor Investor Investor


Category Private Equity Firm
Founded 1945
PE ASSETS 21.0B GBP
Size Mega
Type Sector Agnostic
DESCRIPTION

3i Private Equity is the private equity arm of 3i Group, a publicly held, global investment firm focused on private equity and infrastructure investing. 3i Private Equity generally targets buyout and growth capital financings and looks for opportunities across Europe, North America, and Asia. The Firm's targeted transaction range is €100 to €500 million. Industries of interest include business services, healthcare, consumer, media, oil/gas & power, technology, and financial services. 3i Group was originally formed in 1945 and is based in London.


Deal Context for Seller #
Overall 196 of 196
Sector: Packaging 2 of 2
Type: Add-on Acquisition 63 of 63
Country: Netherlands 14 of 14
Year: 2024 2 of 2
Size (of disclosed) 5 of 78
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2024-05-13 Constellation

Saint-Cloud, France

Constellation offers a comprehensive IT support package for SMEs: cloud solutions, infrastructure, cybersecurity, sovereign data center, software development, consulting, big data etc., as well as specific expertise in legacy systems (IBM/Oracle). Constellation was founded in 2016 and is based in Saint-Cloud, France.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2024-12-09 WaterWipes

Drogheda, Ireland

WaterWipes is a wet wipe brand that provides an essential everyday product with over 90% of its customers using wet wipes at least once per day. WaterWipes was founded in 2008 and is based in Drogheda, Ireland.

Buy -