CD&R to sell Mauser Group to Stone Canyon for $2.3 bln

Clayton, Dubilier & Rice said Feb. 7 that it agreed to sell Mauser Group NV to Stone Canyon Industries LLC. The deal is valued at $2.3 billion. Mauser, of Oosterhout, The Netherlands, supplies industrial rigid packaging products and reconditioning services. Bank of America Merrill Lynch and Citigroup acted as financial advisors to CD&R, while Latham & Watkins LLP provided legal counsel to CD&R. Goldman Sachs acted advised SCI while Gibson, Dunn & Crutcher LLP provided legal.

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