# Oak Hill Capital and CPPIB recapitalize Berlin Packaging with $500M CPPIB investment

Oak Hill Capital Partners and Canada Pension Plan Investment Board signed a definitive recapitalization agreement for Berlin Packaging, with CPPIB investing US$500 million. The transaction is expected to close by the end of 2018, and Berlin Packaging has about US$1.4 billion in annual sales.

- Type: Acquisition
- Announced: 2018-11-29
- Where: United States
- Value: $500.0M
- Status: announced
- Products: glass containers, plastic containers, metal containers, closures
- Sectors: [Packaging](https://endata.com/sectors/packaging.md)

## Companies

- [Berlin Packaging](https://endata.com/companies/275.md) (target)
- [Oak Hill Capital Partners](https://endata.com/companies/4244.md) (investor)
- [Canada Pension Plan Investment Board](https://endata.com/companies/4245.md) (investor)

## Sources

- [oakhill.com](https://oakhill.com/2018/11/29/oak-hill-capital-partners-and-canada-pension-plan-investment-board-lead-the-recapitalization-of-berlin-packaging/), 2018-11-29: "CPPIB will make a US$500 million investment in the Company."

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