# 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.

- Type: Acquisition
- Announced: 2018-01-05
- Where: Netherlands
- Value: $246.0M (205.0M EUR)
- Status: announced
- Products: returnable plastic packaging systems
- Sectors: [Packaging](https://endata.com/sectors/packaging.md), [Plastics and Polymers](https://endata.com/sectors/plastics-polymers.md)

## Companies

- [Schoeller Allibert](https://endata.com/companies/2344.md) (target)
- [Brookfield Business Partners](https://endata.com/companies/2649.md) (acquirer)
- [Brookfield Business Partners](https://endata.com/companies/2649.md) (investor)
- [J.P. Morgan](https://endata.com/companies/2650.md) (partner)
- [JPMorgan Chase](https://endata.com/companies/2656.md) (partner)
- [Schoeller Group](https://endata.com/companies/2688.md) (partner)
- [JP Morgan](https://endata.com/companies/2689.md) (partner)
- [Schoeller Industries](https://endata.com/companies/3266.md) (acquirer)
- [REMA Investments](https://endata.com/companies/3267.md) (partner)

## Sources

- [globenewswire.com](https://www.globenewswire.com/news-release/2018/01/05/1284035/0/en/Brookfield-Business-Partners-to-Acquire-Controlling-Interest-in-Schoeller-Allibert-in-Partnership-With-Schoeller-Group.html), 2018-01-05: "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."
- [packaging-gateway.com](https://www.packaging-gateway.com/news/mas-week-brookfield-business-partners-proampac/), 2018-01-12: "Brookfield Business Partners has agreed to acquire a 75% interest in Netherlands-based returnable plastic packaging manufacturing company Schoeller Allibert Group"
- [prnewswire.com](https://www.prnewswire.com/news-releases/schoeller-group-partners-with-brookfield-business-partners-to-acquire-jp-morgans-stake-in-schoeller-allibert-group-bv-schoeller-allibert-through-a-joint-holding-company-to-be-renamed-schoeller-packaging-669548243.html), 2018-01-16: "Schoeller Packaging will hold 100% of Schoeller Allibert, one of Europe's largest manufacturers of returnable plastic packaging systems."
- [marketscreener.com](https://www.marketscreener.com/quote/stock/BROOKFIELD-BUSINESS-PARTN-28742439/news/Brookfield-Business-Partners-L-P-TSX-BBU-UN-along-with-institutional-partners-and-Schoeller-Indus-34712289/), 2018-05-14: "Brookfield Business Partners L.P. along with institutional partners and Schoeller Industries B.V. completed the acquisition of 75% stake in Schoeller Allibert Participations B.V."

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