Packagingworld trade 2024+3.9% 5Y CAGR
Clearlake Capital acquires Pretium Packaging from Genstar Capital
Clearlake Capital Group, in partnership with management, has acquired rigid packaging maker Pretium Packaging from Genstar Capital. Pretium operates 19 automated plants in the US; financial terms were not disclosed.
Capacity
about two billion PET and HDPE containers annually
Productsrigid PET, HDPE and polypropylene packagingbottles and containers
“Clearlake Capital Group, L.P. (together with its affiliates, " Clearlake") in partnership with management announced that it has acquired Pretium Packaging ("Pretium" or the "Company") from Genstar Capital.”prnewswire.com
- 4 sources
- prnewswire.comClearlake Capital Acquires Pretium PackagingJan 15, 2020
- privateequityinternational.comGenstar sells Pretium to ClearlakeJan 15, 2020
- prnewswire.comGenstar Capital Announces Sale of Pretium Packaging to Clearlake Capital GroupJan 15, 2020
- peprofessional.comPretium Packaging Switches SponsorsJan 18, 2020
Summarized from public sources; check the original articles before acting on it.