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Slide #15. Silgan Holdings Inc. — Portola Packaging
Silgan Holdings Inc. (NASDAQ:SLGN)
Silgan Holdings Inc. (NASDAQ:SLGN), a leading supplier of rigid packaging for shelf-stable food and other consumer goods products, announced today that it has entered into a definitive agreement to purchase Portola Packaging, Inc., a leading manufacturer of plastic closures. This business, with sales of approximately $200 million in 2012, operates eight facilities in North America and Europe.
Silgan Holdings is a holding company. Through its subsidiaries, Co. manufactures rigid packaging for consumer goods products. Co. operates three businesses; its metal container business, which is engaged in the manufacture and sale of steel and aluminum containers; its closures business, which manufactures metal and plastic closures and dispensing systems for food, beverage, health care, garden, personal care, home and beauty products; and its plastic container business, which manufactures custom designed and stock plastic containers for a variety of markets, including the personal care, food, health care and household and industrial chemical markets.
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