M&A Deal Summary

Toyo Seikan Group Holdings Acquires Stolle Machinery

On November 1, 2011, Toyo Seikan Group Holdings acquired machinery company Stolle Machinery from Blackstone Credit

Acquisition Highlights
  • This is Toyo Seikan Group Holdings’ 1st transaction in the Machinery sector.
  • This is Toyo Seikan Group Holdings’ 1st transaction in the United States.
  • This is Toyo Seikan Group Holdings’ 1st transaction in Colorado.

M&A Deal Summary

Date 2011-11-01
Target Stolle Machinery
Sector Machinery
Buyer(s) Toyo Seikan Group Holdings
Sellers(s) Blackstone Credit
Deal Type Add-on Acquisition

Target

Stolle Machinery

Centennial, Colorado, United States
Stolle Machinery Co., LLC is a manufacturer of a wide array of highly engineered equipment used by global can-makers to manufacture and decorate aluminum or steel can bodies and easy-open ends used primarily to package carbonated soft drinks, beer, and various foods.

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Buyer(S) 1

Buyer

Toyo Seikan Group Holdings

Tokyo, Japan

Category Company
Founded 1917
Sector Packaging
DESCRIPTION

Toyo Seikan Group Holdings Ltd. is a provider of packaging containers made of a wide range of materials such as metal, plastic, paper, and glass. Toyo Seikan Group was founded in 1917 and is based in Tokyo, Japan.


DEAL STATS #
Overall 1 of 1
Sector (Machinery) 1 of 1
Type (Add-on Acquisition) 1 of 1
State (Colorado) 1 of 1
Country (United States) 1 of 1
Year (2011) 1 of 1

Seller(S) 1

SELLER
DESCRIPTION

Blackstone Credit is the lending arm of alternative asset management firm The Blackstone Group. Blackstone Credit looks to provide a variety of capital needs, including loans, high yield and investment grade bonds, structured credit, mezzanine lending, and opportunistic financings. The Blackstone Group acquired lender GSO Capital Partners in 2008 which formed the foundation for Blackstone Credit. Blackstone Credit is based in New York City.


DEAL STATS #
Overall 2 of 11
Sector (Machinery) 1 of 1
Type (Add-on Acquisition) 1 of 6
State (Colorado) 1 of 1
Country (United States) 2 of 5
Year (2011) 1 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2009-10-08 ALcontrol UK

Deeside, United Kingdom

ALcontrol UK Ltd. is a network of testing laboratories with a low-cost, high-margin approach. ALcontrol was founded in 1989 and is based in Deeside, United Kingdom.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2011-12-21 ColorMatrix

Berea, Ohio, United States

ColorMatrix Group, Inc. is a manufacturer of liquid color and additive concentrates for thermoplastic products. ColorMatrix serves customers in the blow molding, industrial extrusion, and performance molding industries who manufacture beverage bottles, vinyl siding, vinyl pipe, and other plastic products.

Sell $486M