Onex wraps up buy of Swiss packaging company SIG Combibloc
Canadian private equity firm Onex Corp has completed its previously announced acquisition of SIG Combibloc Group AG for €3.75 billion (US$3.98 billion). The deal, which was done in collaboration with SIG's management team, includes a contingent earn-out component. Onex's flagship partnership Onex Partners IV and co-investors made an equity commitment to the deal of about US$1.2 billion. Based in Neuhausen am Rheinfall, Switzerland, SIG is a global provider of aseptic packaging machines and cartons. It was sold to Onex by U.S. packing business Reynolds Group Holdings Ltd.
13 March 2015•2 mins read
