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Jan 5, 2018ACQUISITIONNetherlands Brookfield Business Partners to acquire 75% of Schoeller Allibert for €205m
Brookfield Business Partners and partners agreed to acquire a 75% controlling stake in Schoeller Allibert, a European returnable plastic packaging maker, for €205 million from a J.P. Morgan subsidiary.
Value
$246.0M (205.0M EUR)
Productsreturnable plastic packaging systems
“Brookfield Business Partners L.P. ... announced today that it has entered into an agreement to acquire a 75% controlling interest in the Schoeller Allibert Group B.V.”globenewswire.com
- 4 sources
- globenewswire.comBrookfield Business Partners to Acquire ControllingJan 5, 2018
- packaging-gateway.comM&As this week: Brookfield Business Partners, ProAmpac News -Jan 12, 2018
- prnewswire.comSchoeller Group Partners With Brookfield Business Partners to Acquire JP Morgan's Stake in Schoeller Allibert Group B.V. ("Schoeller Allibert"), Through a Joint Holding Company to be Renamed Schoeller PackagingJan 16, 2018
- marketscreener.comBrookfield Business Partners L.P. (TSX:BBU.UN) along with institutional partners and Schoeller Industries B.V. completed the acquisition of 75% stake in Schoeller Allibert Participations B.V. from REMA Investments Coöperatief U.A.
Summarized from public sources; check the original articles before acting on it.