Oak Hill to buy Berlin Packaging for $1.43bn

Oak Hill to buy Berlin Packaging for $1.43bn

Oak Hill Capital Partners (Oak Hill), a private equity firm will acquire Berlin Packaging for $1.43bn.

Berlin Packaging is a North America hybrid packaging supplier of plastic, glass, and metal containers and closures, from Investcorp. The acquisition is managed by chairman and CEO Andrew Berlin. 

Company growth

"We are extremely pleased to be partnering with Oak Hill,” said Berlin.

It was important to join with a firm that shares the same culture and belief system as Berlin Packaging that is committed to growing our company by offering increased value to our customers, suppliers, and employees

I know Oak Hill will be a tremendous partner for us. We would also like to thank Investcorp for their partnership over the last seven years."

Third quarter 2014

Berlin Packaging's services includes structural and brand design, worldwide sourcing, warehousing and logistics, and capital financing.

Tyler Wolfram, managing partner, Oak Hill, said the company was experiencing double-digit growth and targets a large addressable market opportunity.

We are excited to partner with Andrew Berlin and his talented team to support the company through its next phase of growth, as the company expands organically and through strategic acquisitions,” he said.

The transaction, which is subject to HSR approval and other customary closing conditions, is expected to close in the third quarter of 2014.

Related News

CEO Andrew Berlin (front row) poses with Berlin Packaging's sales staff, also known as Wolfpack 1, 2, and 3.

Berlin Packaging blazes hiring trail, adding 100 employees

CideRoad and Berlin Packaging launch organic flavored drink

CideRoad and Berlin Packaging launch organic flavored drink

Picture: Vivid Packaging

Berlin buy boosts plan to double by 2017

Photo courtesy of Lerman Container

Berlin targets customer growth after takeover

Berlin Packaging gets behind groundbreaking eco bottle

Berlin Packaging gets behind groundbreaking eco bottle

Plastic versus glass

Are glass manufacturers feeling the pinch?

Picture credit: Greenoptimistic.com

FEVE: Health benefits of glass are not known

Related Products

See more related products

Submit a comment

Your comment has been saved

Post a comment

Please note that any information that you supply is protected by our Privacy and Cookie Policy. Access to all documents and request for further information are available to all users at no costs, In order to provide you with this free service, William Reed Business Media SAS does share your information with companies that have content on this site. When you access a document or request further information from this site, your information maybe shared with the owners of that document or information.