Castle Harlan To Buy Pretium Packaging

Castle Harlan has agreed to acquire a majority stake Pretium Packaging LLC, a Chesterfield, Mo.-based maker of specialty plastic containers for the food, pharma, personal-care and household markets. Company founder Keith Harbison will retain a minority position. As part of the deal, Pretium Packaging will acquire the parent of Novapak Corp. from Kirtland Capital Partners. The total transaction is valued at $200 million.

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