M&A Deal Summary

Silgan Acquires WestRock - Specialty Closures and Dispensing Systems Business

On January 23, 2017, Silgan acquired manufacturer WestRock - Specialty Closures and Dispensing Systems Business from WestRock for 1.0B USD

Acquisition Highlights
  • This is Silgan’s 4th transaction in the Manufacturing sector.
  • This is Silgan’s largest (disclosed) transaction.
  • This is Silgan’s 6th transaction in the United States.
  • This is Silgan’s 1st transaction in Virginia.

M&A Deal Summary
Date 2017-01-23
Target WestRock - Specialty Closures and Dispensing Systems Business
Sector Manufacturing
Buyer(s) Silgan
Sellers(s) WestRock
Deal Type Divestiture
Deal Value 1.0B USD

Target

WestRock - Specialty Closures and Dispensing Systems Business

Richmond, Virginia, United States
WestRock Co. - Specialty Closures and Dispensing Systems Business is a provider of highly engineered triggers, pumps, sprayers and dispensing closure solutions to major branded consumer goods product companies in the Home, Health and Beauty markets.

Search 200,500 Deals Now

SEARCH BY

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

Try For Free 7-Day Free Trial

Buyer(S) 1

Buyer

Silgan

Stamford, Connecticut, United States
Category Company
Founded 1987
Sector Packaging
Employees14,520
Revenue 6.0B USD (2023)
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 9 of 15
Sector (Manufacturing) 4 of 5
Type (Divestiture) 4 of 5
State (Virginia) 1 of 1
Country (United States) 6 of 9
Year (2017) 1 of 1
Size (of disclosed) 1 of 10
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2014-09-15 Van Can

San Diego,, California, United States

Van Can Co. is a manufacturer of metal containers in the United States. Company manufactures steel cans for food, poultry, pet food, and chaffing dish heat markets.

Buy -
FOLLOWING 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

Seller(S) 1

SELLER

WestRock

Richmond, Virginia, United States
Category Company
Sector Packaging
Employees50,000
Revenue 21.3B USD (2022)
DESCRIPTION

WestRock is a packaging company provides paper and packaging solutions in consumer and corrugated markets. WestRock is based in Richmond, Virginia.

DEAL STATS #
Overall 1 of 3
Sector (Manufacturing) 1 of 1
Type (Divestiture) 1 of 3
State (Virginia) 1 of 1
Country (United States) 1 of 3
Year (2017) 1 of 1
Size (of disclosed) 1 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2015-12-10 Cenveo Packaging

United States

Cenveo Packaging is a provider of value-add folded carton and litho-laminated display packaging solutions.

Buy $105M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2017-01-24 Multi Packaging Solutions

New York, New York, United States

Multi Packaging Solutions, Inc. is a global provider of value-added packaging solutions to a diverse customer base across the healthcare, consumer and multi-media markets. MPS provides its customers with an extensive array of print-based specialty packaging solutions, including premium folding cartons, inserts, labels and rigid packaging across a variety of substrates and finishes. MPS has 59 manufacturing locations across North America, Europe and Asia and employs approximately 8,800 people.

Buy $2.3B
Mergr

Product

Company

Legal