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