# CD&R to take Veritiv private in $2.3 billion deal

Private equity firm Clayton, Dubilier & Rice agreed to buy packaging firm Veritiv in a $2.3 billion deal that would take it private. CD&R will pay $170 per share in cash, a nearly 20% premium to the last close.

- Type: Acquisition
- Announced: 2023-08-07
- Where: Atlanta, Georgia, United States
- Value: $2.30B
- Status: announced
- Products: paper-based boxes, cartons, glass containers
- Sectors: [Packaging](https://endata.com/sectors/packaging.md)

## Companies

- [Clayton Dubilier & Rice](https://endata.com/companies/530.md) (acquirer)
- [Veritiv](https://endata.com/companies/3951.md) (target)

## Sources

- [reuters.com](https://www.reuters.com/markets/deals/packaging-firm-veritiv-corp-be-bought-by-cdr-23-billion-2023-08-07/), 2023-08-07: "Veritiv (VRTV.N), opens new tab on Monday agreed to be bought by private equity firm Clayton, Dubilier & Rice (CD&R) in a $2.3 billion deal"
- [privateequityinternational.com](https://www.privateequityinternational.com/cdr-to-acquire-packaging-firm-veritiv-in-take-private-deal/), 2023-08-08: "Clayton, Dubilier & Rice has agreed to acquire Veritiv Corporation, an Atlanta-based provider of packaging, facility solutions and print products."

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