Berry Global £3.3 billion bid for RPC Group

8/3/2019
Public acquisition

£ 3.3 billion

$ 4.289 billion

Announced

8/3/2019


Overview:

  • Berry Global has made a £3.3 billion recommended cash offer for RPC Group.
  • Berry is a NYSE listed manufacturer and marketer of plastic packaging products.
  • The bid comes after a lower bid from Apollo Global Management.
  • RPC is an LSE listed design and engineering company of plastic products for both packaging and selected non-packaging markets. 
  • Goldman Sachs and Wells Fargo are acting as financial advisers to Berry.
  • The deal is the second acquisition in the plastics sector in the last week following Olympus Partners' acquisition of DS Smith.

Sam Duke

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