• (PLX AI) – SIG Combibloc to acquire Pactiv Evergreen Inc.'s Asia Pacific Fresh operations for $335 million.
  • • For the twelve months to 31 December 2021, Evergreen Asia is expected to record revenue of around $160 million and adjusted EBITDA of around $28 million
  • • The transaction is expected to close in the second or third quarter of 2022, subject to customary closing conditions, and will be debt financed
  • • The acquisition will be accretive to cash flow and earnings per share from year one
  • • Evergreen Asia supplies filling machines, cartons, closures and after-sales service to its customers in the fresh segment, mainly for milk, and has production facilities in China mainland, South Korea and Taiwan
  • • They are the leading supplier in China mainland which accounts for approximately 50% of its revenue

Quelle: PLX AI