# RPC sells Letica foodservice business to Graphic Packaging International for $95m

RPC sold its foodservice business, Letica Corporation, to US-based Graphic Packaging International for $95 million (£74 million).

- Type: Acquisition
- Announced: 2018-08-28
- Value: $95.0M
- Status: completed
- Products: foodservice packaging
- Sectors: [Packaging](https://endata.com/sectors/packaging.md), [Plastics and Polymers](https://endata.com/sectors/plastics-polymers.md)

## Companies

- [RPC](https://endata.com/companies/581.md) (partner)
- [Letica Corp.](https://endata.com/companies/916.md) (target)
- [Graphic Packaging International](https://endata.com/companies/972.md) (acquirer)

## Sources

- [packagingnews.co.uk](https://www.packagingnews.co.uk/news/business/page/42), 2018-09-11: "RPC has sold its foodservice business, Letica Corporation, to US-based Graphic Packaging International for $95m (£74m)."
- [packagingnews.co.uk](https://www.packagingnews.co.uk/interest/mergers-acquisitions/page/4), 2018-10-18: "UK plastic packaging giant RPC has sold its foodservice business, Letica Corporation, to US-based Graphic Packaging International for $95m (£74m)."

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