# Wendel grants Aptar Group exclusivity to buy CSP Technologies for $555 million

Wendel granted Aptar Group exclusivity to finalize the sale of CSP Technologies, a specialty protective packaging maker, at an enterprise value of $555 million, about 13 times adjusted EBITDA. Closing is expected in Q4 2018.

- Type: Acquisition
- Announced: 2018-07-27
- Where: United States
- Value: $555.0M
- Status: announced
- Products: custom polymeric solutions, specialty protective packaging
- Sectors: [Packaging](https://endata.com/sectors/packaging.md), [Plastics and Polymers](https://endata.com/sectors/plastics-polymers.md)

## Companies

- [Aptar](https://endata.com/companies/2882.md) (acquirer)
- [CSP Technologies](https://endata.com/companies/3655.md) (target)
- [Wendel](https://endata.com/companies/3659.md) (partner)

## Sources

- [globenewswire.com](https://www.globenewswire.com/news-release/2018/07/27/1543178/0/en/wendel-wendel-grants-exclusivity-to-aptar-group-for-the-sale-of-csp-technologies-for-555-million.html), 2018-07-27: "Wendel today announced it has received from Aptar Group a firm offer to acquire all share capital of CSP Technologies"

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