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Cerberus Capital Management has agreed to acquire a substantial portion of Goodwin plc's Mechanical Engineering Division, including Goodwin Steel Castings, Goodwin International, Noreva, Easat and the Pump Division, for up to about £1.1 billion in cash. Closing is expected in Q1 2027.
Cerberus Capital Management affiliates completed the purchase of the North American, Costa Rican and Japanese businesses and facilities of closure maker Closure Systems International from Reynolds Group Holdings, which keeps its European, Middle Eastern, Egyptian and South American closures units.
Cerberus Capital Management affiliate has agreed to buy the North American, Costa Rican and Japanese businesses of Closure Systems International from Reynolds Group. The deal is expected to close within two quarters and the value was not disclosed.
Reid Canada, a subsidiary of Consolidated Container Company, acquired plastic bottle makers Polybottle Group and Humberline Packaging from ABC Group, with plants in Toronto, Vancouver and Edmonton. Terms were not disclosed.
