# 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.

- Type: Acquisition
- Announced: 2020-01-15
- Where: Chesterfield, Missouri, United States
- Status: completed
- Capacity: about two billion PET and HDPE containers annually
- Products: rigid PET, HDPE and polypropylene packaging, bottles and containers
- Sectors: [Packaging](https://endata.com/sectors/packaging.md)

## Companies

- [Pretium Packaging](https://endata.com/companies/1212.md) (target)
- [Genstar Capital](https://endata.com/companies/4890.md) (partner)
- [Clearlake Capital](https://endata.com/companies/5452.md) (acquirer)
- [Genstar](https://endata.com/companies/6013.md) (partner)

## Sources

- [prnewswire.com](https://www.prnewswire.com/news-releases/clearlake-capital-acquires-pretium-packaging-300987570.html), 2020-01-15: "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."
- [privateequityinternational.com](https://www.privateequityinternational.com/genstar-sells-pretium-to-clearlake/), 2020-01-15: "Clearlake Capital has acquired Pretium Packaging from Genstar Capital."
- [prnewswire.com](https://www.prnewswire.com/news-releases/genstar-capital-announces-sale-of-pretium-packaging-to-clearlake-capital-group-300987666.html), 2020-01-15: "Genstar Capital announced the sale of Pretium Packaging, a leading North American manufacturer of rigid plastic containers and closures, to Clearlake Capital Group, L.P."
- [peprofessional.com](https://peprofessional.com/2020/01/pretium-packaging-switches-sponsors/), 2020-01-18: "Genstar has sold Pretium Packaging, a manufacturer of plastic containers and closures, to Clearlake Capital Group."

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