Initial Public Offering
Baird served as a joint bookrunner in this offering
AboutBerry Plastics Group, Inc. (NYSE: BERY) (“Berry” or the “Company”), a portfolio company of Apollo Global Management and Graham Partners, recently completed an initial public offering of 29,411,764 shares of its common stock at a price of $16.00 per share, generating gross proceeds of approximately $471 million. The Company intends to use the net proceeds from the offering to repay outstanding debt and for working capital and general corporate purposes.
Berry is a leading manufacturer and marketer of plastic packaging products. The Company is a major producer of a wide range of products, including open top and closed top packaging, polyethylene-based plastic films, industrial tapes, medical specialties, flexible packaging, heat-shrinkable coatings, specialty laminates and FIBCs. The Company serves over 13,000 customers, ranging from large multinational corporations to small local businesses. Berry is headquartered in Evansville, Indiana.
For additional information about this transaction, please contact:
- October 2012
- Berry Plastics Group, Inc.
- Target Location
- North America