Packaging & Containers M&A » By The Online Investor Staff, updated Tue., Oct. 15, 10:28 PM
Recent mergers and acquisitions in the Packaging & Containers M&A category.
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Slide #1. RockTenn — Simpson Tacoma Paper Mill
Acquirer:
RockTenn (RKT)
Acquiree:
Simpson Tacoma Paper Mill
Details:
RockTenn and Simpson Lumber Company LLC announced today an agreement whereby RockTenn will acquire the Simpson Tacoma Kraft Paper Mill located in Tacoma, Wash., for approximately $343 million. The purchase price reflects an EBITDA multiple of less than six times based on the mill's financial results for the 12 months ending December 2013 and the expected operating efficiencies, primarily due to the location of the mill on the West Coast. The transaction is structured as an asset purchase.
Rock-Tenn is a manufacturer of corrugated and consumer packaging. Co. operates locations in the U.S., Canada, Mexico, Chile, Argentina, Puerto Rico and China. Co. operates in four reportable segments: Corrugated Packaging, consisting of Co.'s containerboard mills and its corrugated converting operations; Consumer Packaging, consisting of Co.'s coated and uncoated paperboard mills and consumer packaging converting operations; Merchandising Displays, consisting of Co.'s display and contract packaging services; and Recycling, which consists of Co.'s recycled fiber brokerage and collection operations.
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List of Packaging & Containers Mergers & Acquisitions in this Slideshow:
11/16/2012:
Acquirer: Graphic Packaging Holding Company (GPK)
Acquiree: Contego's European Food Carton Business
Merger/Acquisition details: details »
11/28/2012:
Acquirer: Graphic Packaging Holding Company (GPK)
Acquiree: A&R Carton's Beer and Beverage Packaging Business
Merger/Acquisition details: details »
12/3/2012:
Acquirer: MeadWestvaco Corporation (MWV)
Acquiree: Ruby Macons Limited
Merger/Acquisition details: details »
1/2/2013:
Acquirer: UFP Technologies, Inc. (UFPT)
Acquiree: Packaging Alternatives Corporation
Merger/Acquisition details: details »
1/3/2013:
Acquirer: Graphic Packaging Holding Company (GPK)
Acquiree: Contego Packaging Holdings, Ltd. and A&R Carton Holding B.V.
Merger/Acquisition details: details »
7/1/2013:
Acquirer: Bemis Company, Inc. (BMS)
Acquiree: Foshan New Changsheng Plastics Films Co., LTD
Merger/Acquisition details: details »
9/16/2013:
Acquirer: Packaging Corporation of America (PKG)
Acquiree: Boise (BZ)
Merger/Acquisition details: details »
10/25/2013:
Acquirer: Packaging Corporation of America (PKG)
Acquiree: Boise Inc. (BZ)
Merger/Acquisition details: details »
2/19/2014:
Acquirer: Graphic Packaging Holding Company (GPK)
Acquiree: Benson Group
Merger/Acquisition details: details »
3/3/2014:
Acquirer: RockTenn (RKT)
Acquiree: Simpson Tacoma Paper Mill
Merger/Acquisition details: details »
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