# Berry Plastics completes acquisition of AEP Industries

Berry Plastics has completed its acquisition of AEP Industries, expanding its product offerings and production capacity in its Engineered Materials Division. Berry issued 6.5 million shares and paid $297m in cash, and eliminated $164m of AEP's debt.

- Type: Acquisition
- Announced: 2017-01-26
- Value: $297.0M
- Status: completed
- Products: plastic films, engineered materials
- Sectors: [Plastics and Polymers](https://endata.com/sectors/plastics-polymers.md), [Packaging](https://endata.com/sectors/packaging.md)

## Companies

- [Berry Plastics](https://endata.com/companies/829.md) (acquirer)
- [AEP Industries](https://endata.com/companies/830.md) (target)

## Sources

- [packaging-gateway.com](https://www.packaging-gateway.com/news/mas-this-week-westrock-berry-plastics-group-5725291/), 2017-01-26: "Berry Plastics agreed to issue 6.5 million shares of common stock and provide $297m in cash to AEP."

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