Berry Plastics Group $765 million acquisition of AEP Industries

25/8/2016
Public acquisition

$ 765 million

Completed

25/8/2016


Overview:

  • Berry Plastics Group has acquired flexible packaging plastic manufacturer AEP Industries in a $765 million deal.
  • The transaction figure includes the assumption of AEP's debt.
  • The deal is expected to close December, 2016.
  • Bryan Cave advised the acquirer.
  • Skadden Arps Slate Meagher & Flom (Sal Guerrera, Richard Grossman) and Honigman Miller Schwartz & Cohn advised AEP.
  • Shearman & Sterling (John Marzulli) represented AEP financial adviser BofA Merrill Lynch.

Kurt Stumpo - Journalist - North America and the Caribbean

Jurisdiction:

United States

Deal type:

Public acquisition

Practice area:

M&A

Governing law:

United States

Industry sector:

Industrials and manufacturing


Firms:

Party: Berry Plastics Group (Acquirer)


Party: AEP Industries (Target)


Party: Bank of America Merrill Lynch (Financial adviser)


Party: AEP Industries (Target)