# Pactiv Evergreen to acquire Fabri-Kal for about $380 million

Pactiv Evergreen agreed to acquire Fabri-Kal, a Kalamazoo, Michigan maker of foodservice and consumer packaging, in a transaction valued at about $380 million, expected to close in late Q3 or early Q4 2021.

- Type: Acquisition
- Announced: 2021-09-01
- Where: Kalamazoo, Michigan, United States
- Value: $380.0M
- Jobs: 1,000
- Status: announced
- Products: portion cups, lids, clamshells, drink cups, yogurt containers
- Sectors: [Packaging](https://endata.com/sectors/packaging.md)

## Companies

- [Pactiv Evergreen](https://endata.com/companies/5024.md) (acquirer)
- [Fabri-Kal](https://endata.com/companies/8359.md) (target)

## Sources

- [globenewswire.com](https://www.globenewswire.com/news-release/2021/09/08/2293244/0/en/pactiv-evergreen-to-acquire-fabri-kal-a-leading-manufacturer-of-foodservice-and-consumer-brand-packaging-solutions.html), 2021-09-08: "Pactiv Evergreen Group Holdings Inc. has reached a definitive agreement to acquire Fabri-Kal, a leading manufacturer of foodservice and consumer brand packaging solutions."
- [globenewswire.com](https://www.globenewswire.com/news-release/2021/10/01/2307323/0/en/Pactiv-Evergreen-Completes-Acquisition-of-Fabri-Kal-a-Leading-Manufacturer-of-Foodservice-and-Consumer-Brand-Packaging-Solutions.html), 2021-10-01: "Pactiv Evergreen Group Holdings Inc. has completed its acquisition of Fabri-Kal"
- [standardspeaker.com](https://www.standardspeaker.com/2022/02/02/fabri-kal-plant-changes-hands-part-of-foundation-for-future-growth/), 2022-02-02: "The transaction, valued at about $380 million, closed in October, said Beth Kelly, company spokeswoman."

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