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Onex completes acquisition of SIG Combibloc Group for EUR3.75 Bln

Tuesday, Mar 17, 2015

Private equity firm Onex Corp. said it has completed the acquisition of SIG Combibloc Group AG for 3.75 billion euros, which includes a contingent earn-out component.

SIG is a provider of aseptic packaging machines and cartons. Onex Partners IV and certain limited partners as co-investors made an equity investment of around $1.2 billion.

Onex' share of the investment as a limited partner in the fund and as a co-investor was $405 million. The Onex group and SIG's management team own 100 percent of the company.

 

Source : nasdaq.com

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