# One Madison Corporation to combine with packaging maker Ranpak in SPAC deal

Special purpose acquisition company One Madison Corporation signed a definitive agreement with Rhone Capital affiliates to combine with Ranpak, a fiber-based protective packaging maker, at an anticipated enterprise value of about $1,089 million. The announcement was dated 2018-12-13.

- Type: Acquisition
- Announced: 2018-12-13
- Where: United States
- Value: $1.09B
- Status: announced
- Products: fiber-based protective packaging, paper packaging consumables
- Sectors: [Packaging](https://endata.com/sectors/packaging.md)

## Companies

- [One Madison Corporation](https://endata.com/companies/4329.md) (acquirer)
- [Ranpak](https://endata.com/companies/4330.md) (target)
- [Rhône Capital](https://endata.com/companies/4331.md) (investor)

## Sources

- [sec.gov](https://www.sec.gov/Archives/edgar/data/1712463/000121390018017291/f8k121318ex99-1_onemadison.htm), 2018-12-13: "This transaction will introduce Ranpak as a publicly listed company with an anticipated enterprise value of approximately $1,089 million."

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