# Cerberus to acquire Closure Systems International's North American, Costa Rican and Japanese businesses

Cerberus Capital Management affiliate has agreed to buy the North American, Costa Rican and Japanese businesses of Closure Systems International from Reynolds Group. The deal is expected to close within two quarters and the value was not disclosed.

- Type: Acquisition
- Announced: 2019-10-14
- Where: North America, Costa Rica, Japan
- Status: announced
- Products: bottle and container closures, high-speed beverage closure application equipment
- Sectors: [Packaging](https://endata.com/sectors/packaging.md)

## Companies

- [Reynolds Group Holdings](https://endata.com/companies/232.md) (partner)
- [Closure Systems International](https://endata.com/companies/2834.md) (target)
- [Cerberus Capital Management](https://endata.com/companies/4142.md) (acquirer)

## Sources

- [cerberus.com](https://www.cerberus.com/media/cerberus-to-acquire-closure-systems-international-from-reynolds-group/), 2019-10-14: "Cerberus Capital Management, L.P., a global leader in alternative investing, today announced that one of its affiliates has entered into a definitive agreement to acquire the North American, Costa Rican, and Japanese businesses."

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