Greif, Inc. completed its acquisition of Ipackchem Group SAS, a maker of plastic jerrycans and small containers, from SK Capital Partners and other shareholders for approximately $540 million in cash. The deal was announced October 31, 2023.
Greif entered exclusive negotiations to acquire IPACKCHEM Group SAS, a maker of jerrycans and small plastic containers, from an affiliate of SK Capital Partners in a cash deal valued at $538 million. Closing is expected by the end of Greif's second quarter of fiscal 2024, subject to French consultation and regulatory clearances.
Clariant completed the sale of its Pigments business to a consortium of Heubach Group and SK Capital Partners, with a base enterprise value of CHF 805 million before a possible earn-out.
SK Capital Partners, LP completed its previously announced acquisition of IPACKCHEM Group SAS, a Paris-headquartered supplier of barrier packaging for crop protection and specialty chemicals. The deal value was not disclosed.