Plastics Industry News
繁體 | 简体
Technology
Applications
MAAG PUMP SYSTEMS AG
CPRJ Webinar Ad
Main > Daily Market News > Article Content
| Print | Submit Article |
Last Page | More | Next Page
Keywords of this article:  packaging 
To contact the supplier/company mentioned in this article, please email to:
mediaoperation@adsale.com.hk
More suppliers
Close
RPC provides a range of solutions including packaging for food.
RPC provides a range of solutions including packaging for food.

Private equity firm Apollo Global Management agreed to acquire RPC Group, one of Europe's largest suppliers of plastic packaging, for £3.3 billion after months of negotiations.

Another private equity firm Bain Capital was also in talks to make a bid for RPC but dropped out of the competition in December 2018.

The acquisition underlines how the sector's reliable cash flow, driven by demand from online shopping, is proving appealing to private equity firms and packaging giants.

“The offer recognises the quality of RPC’s businesses and the strength of their future prospects,” said Jamie Pike, chairman of RPC. “In July (2018), I stated that differing investor views on the appropriate level of gearing was constraining the group’s ability to pursue opportunities for growth and, as such, putting pressure on RPC’s valuation. Today’s announcement is the culmination of that process.”

With over 188 operations in 33 countries, UK-based RPC provides a range of solutions including packaging for food and beverage, personal care and healthcare products, and non-food products.

Last year, RPC saw revenue grow by 7% to reach £1.89 billion while operating profit increased by 3% to £214.3 million.

Related Articles  
Breaking news! Berry Global bests Apollo w...
European plastics value chain present pled...
RPC’s solution with HPP treatment keeps na...
Ritrama launches new matt effect polyethyl...
WITTMANN presents new SONIC robot series a...
SACMI’s centenary celebration grandly held...
Related Supplier
HOSOKAWA ALPINE AG ABT. FVF
KAUTEX MASCHINENBAU GMBH & ...
WINDMÖLLER & HÖLSCHER
KIEFEL GMBH
OMIPA SPA
HOSOKAWA ALPINE AG ABT. FVF
We are collecting readers' comment for improving our website. If you are willing to help, please CLICK HERE to complete a survey. Your comments matter.
Write a mail to the editor
Share to

Copyright © Adsale Publishing Limited. Any party needs to reprint any part of the content should get the written approval from Adsale Publishing Ltd and quote the source "China Plastic & Rubber Journal (CPRJ)", Adsale Plastics Website - www.AdsaleCPRJ.com. We reserve the right to take legal action against any party who reprints any part of this article without acknowledgement. For enquiry, please contact Editorial Department.  [Want to use this report?]
Name
Company Name
Job title
Email (will not be published)
Comment
Recent Comment
Legal Statement | Privacy Policy
Remarks: Publication of the comments is at editor's discretion.
Register a New Member
东莞捷佳塑胶科技有限公司
K2019
东莞市思为客自动化科技股份有限公司
海天塑机集团有限公司
Kampf Schneid- und Wickeltechnik GmbH & Co. KG
Medical conf.
COPERION GMBH
裕克施乐塑料制品(太仓)有限公司
东华机械有限公司
广东伊之密精密机械股份有限公司
日钢注塑机維修(深圳)有限公司
上海ABB工程有限公司
阿科玛(中国)投资有限公司上海分公司
富强鑫精密工业股份有限公司
泰瑞机器股份有限公司

Supplier Highlights
GUANGDONG YIZUMI PRECISION MACHINERY CO., LTD. HAPPYWAY AUTOMATION CO., LTD.
KAMPF SCHNEID- UND WICKELTECHNIK GMBH & CO. KG MAAG AUTOMATIK PLASTICS MACHINERY (SHANGHAI) CO., LTD.
OECHSLER PLASTIC PRODUCTS (TAICANG) CO., LTD. WELLTEC MACHINERY LTD.