Sonoco announced the closing of its acquisition of Eviosys, a European metal packaging manufacturer, from KPS Capital Partners.
The European Commission approved Sonoco Products' acquisition of the Eviosys group, which includes metal packaging and closure plants in Spain, under EU competition rules.
Sonoco Products agreed to acquire Eviosys, Europe's leading food can, ends and closures maker, from KPS Capital Partners for approximately $3.9 billion. The deal is expected to create the leading metal food can and aerosol packaging manufacturer globally.
Sonoco agreed to purchase metal packaging maker Eviosys from KPS Capital Partners for $3.9 billion, creating a leading global metal food can and aerosol packaging business. Eviosys is expected to generate about $2.5 billion in 2024 revenue.
Chart Industries signed a definitive agreement to acquire Howden, a global air and gas handling equipment maker, from KPS Capital Partners for $4.4 billion, funded by cash and preferred stock, with closing expected in the first half of 2023.
Crown Holdings completed the sale of its European Tinplate business, with 44 facilities in 17 countries, to KPS Capital Partners, retaining a 20% ownership stake.
KPS Capital Partners signed a definitive agreement to acquire Crown Holdings' EMEA food, aerosol and promotional packaging business for EUR 2.25 billion, with Crown keeping a 20% stake. Closing is expected in the third quarter of 2021.
Lufkin Industries completed its acquisition of Schlumberger's North American Land Rod Lift Business, a provider of rod lift products and services with brands including Don-Nan and Shores Lift Solutions.
KPS Capital Partners agreed to acquire substantially all assets of Briggs & Stratton, including foreign subsidiary equity, for about $550 million as Briggs & Stratton filed for Chapter 11, with KPS also providing $265 million in DIP financing.
KPS Capital Partners agreed to acquire Baker Hughes' Lufkin rod lift solutions business. The agreement was reported on 1 May 2020.
KPS Capital Partners has signed a definitive agreement to acquire Glasgow-based Howden, a maker of air and gas handling equipment, from Colfax Corporation for an enterprise value of $1.80 billion. Howden will become an independent company.
Colfax announced the sale of its air and gas handling business to KPS Capital Partners. The deal was reported in a 2019 review of pump and valve sector M&A, and no value was given in the excerpt.
A joint venture of CVC Capital Partners and BA Glass agreed in November 2016 to acquire Tampa, Florida-based glass container maker Anchor Glass Container from KPS Capital Partners and AlpInvest Partners for more than US$1 billion in cash.