The Online Investor
Materials M&A image Materials M&A » By The Online Investor Staff, updated Fri., May. 7, 11:52 PM Recent mergers and acquisitions in the Materials M&A category.

Slide #21. Berry Plastics Controlling Interest of Qingdao P&B Co., Ltd

Acquirer: Berry Plastics (NYSE:BERY)
Acquiree: Controlling Interest of Qingdao P&B Co., Ltd
Details: Today Berry Plastics Group, Inc. (NYSE:BERY) announced that its acquisition of the controlling interest of Qingdao P&B Co., Ltd (P&B) has been approved by the competent approval authority in China. Pending registration with the local company registry, which is expected to be completed by February 2014, Berry Plastics will own 75 percent of P&B, with a minority ownership position retained by Peter Song, who is the original founder of P&B and the current General Manager of the business. Song will remain in the same position going forward.

Berry Global Group is a supplier of a range of non-woven products used within consumer and industrial end markets. Co.'s segments are: Consumer Packaging International, which includes closures and dispensing systems, pharmaceutical devices and packaging, bottles and canisters, polythene films, recycling, and technical components; Consumer Packaging North America, which includes containers and pails, closures and overcaps, and bottles and prescription vials; Engineered Materials, which includes stretch and shrink films, converter films, tape products, and food and consumer films; and Health, Hygiene and Specialties, which includes health products, hygiene products, and specialties products.

BERY SEC Filing Email Alerts Service

Open the BERY Page at The Online Investor »

Company Name: 
Berry Global Group Inc
Rubber & Plastics
Number of ETFs Holding BERY: 
Total Market Value Held by ETFs: 
Total Market Capitalization: 
% of Market Cap. Held by ETFs: 

Open the BERY Page at The Online Investor (in a new window) »

Quotes delayed 20 minutes

Strong Buy (3.55 out of 4)
61st percentile
(ranked higher than approx. 61% of all stocks covered)

Analysts' Target Price:
BERY Stock Forecast

Based on Zacks ABR data;
powered by Xignite

Materials M&A - Slide 21 of 80 Page |

Copyright © 1998 - 2021, All Rights Reserved
Nothing in The Online Investor is intended to be investment advice, nor does it represent the opinion of, counsel from, or recommendations by BNK Invest Inc. or any of its affiliates, subsidiaries or partners. None of the information contained herein constitutes a recommendation that any particular security, portfolio, transaction, or investment strategy is suitable for any specific person. All viewers agree that under no circumstances will BNK Invest, Inc,. its subsidiaries, partners, officers, employees, affiliates, or agents be held liable for any loss or damage caused by your reliance on information obtained. By visiting, using or viewing this site, you agree to the following Full Disclaimer & Terms of Use and Privacy Policy. Video widget and stock market videos powered by Market News Video. Quote data delayed at least 20 minutes; data powered by Ticker Technologies, and Mergent. Contact The Online Investor; Meet Our Editorial Staff.