# Crown agrees to buy global industrial packaging specialist

Crown has agreed to buy an unnamed global company that provides industrial and transit packaging systems. The article gives no target name, value or closing details.

- Type: Acquisition
- Announced: 2017-12-19
- Where: Glenview, Illinois, United States
- Value: $3.91B
- Status: announced
- Products: industrial packaging systems, transit packaging systems
- Sectors: [Packaging](https://endata.com/sectors/packaging.md)

## Companies

- [Carlyle Group](https://endata.com/companies/458.md) (partner)
- [Crown](https://endata.com/companies/535.md) (acquirer)
- [Signode](https://endata.com/companies/809.md) (target)
- [Signode Industrial Group](https://endata.com/companies/2601.md) (target)

## Sources

- [crowncork.com](https://www.crowncork.com/news/crown-holdings-announces-acquisition-signode-industrial-group-holdings), 2017-12-19: "Crown to acquire Signode, a global leader in transit packaging, for $3.9 billion."
- [cfo.com](https://www.cfo.com/news/crown-holdings-acquires-signodes-packaging-solutions/659551/), 2017-12-19: "With this acquisition, we add a portfolio of premier transit and protective packaging franchises to our existing metal packaging business."
- [pehub.com](https://www.pehub.com/packaging-company-crown-holdings-to-buy-signode-in-3-91-billion-deal-reuters/), 2017-12-19: "Packaging company Crown Holdings to buy Signode in $3.91 billion deal: Reuters"
- [canmaker.com](https://canmaker.com/crown-plans-to-buy-global-industrial-packaging-specialist/), 2017-12-20: "Leading canmaker Crown has agreed to buy a global company that provides industrial and transit packaging systems."
- [online.flippingbook.com](https://online.flippingbook.com/view/923375/11/), 2017-12-25: "Crown Holdings Inc. will buy Signode Industrial Group Holdings Ltd. from Carlyle Group LP in a deal valued at $3.91 billion."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.