# Graphic Packaging to acquire Letica foodservice business from RPC Group for $95M

Graphic Packaging International agreed to acquire substantially all assets of the foodservice business of Letica Corporation, a subsidiary of RPC Group, for $95 million. The deal is expected to close in the third quarter of 2018, subject to regulatory review.

- Type: Acquisition
- Announced: 2018-09-04
- Where: Clarksville, Tennessee and Pittston, Pennsylvania, United States
- Value: $95.0M
- Status: announced
- Products: paperboard cold cups, paperboard hot cups, cartons
- Sectors: [Packaging](https://endata.com/sectors/packaging.md)

## Companies

- [RPC](https://endata.com/companies/581.md) (partner)
- [Letica Corp.](https://endata.com/companies/916.md) (target)
- [Graphic Packaging](https://endata.com/companies/1387.md) (acquirer)

## Sources

- [designpackagingnews.com](http://designpackagingnews.com/en/graphic-packaging-to-acquire-letica-a-subsidiary-of-rpc-group/), 2018-09-04: "Graphic Packaging Holding Company announced that its subsidiary... has reached an agreement to acquire substantially all the assets of the foodservice business of Letica Corporation."
- [refrigeratedfrozenfood.com](https://www.refrigeratedfrozenfood.com/articles/95539-graphic-packaging-acquires-leticas-foodservice-assets), 2018-09-05: "Graphic Packaging Holding Co., Atlanta, announced that its subsidiary, Graphic Packaging International, LLC, announced plans to acquire the foodservice business of Letica Corp."

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