Deal Details
Follow-On Offering
Summary
Baird served as a joint bookrunner on this offering
About
Berry Plastics Group, Inc. (“Berry” or the “Company”) (NYSE: BERY), a portfolio company of Apollo Global Management and Graham Partners, recently completed a follow-on offering of 18,975,000 shares of common stock at a price of $17.00 per share, generating gross proceeds of approximately $322.6 million. All of the shares offered were sold by selling shareholders of the Company. The Company will not receive any proceeds from the sale of shares in the offering.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 Flexible Intermediate Bulk Containers. The Company serves over 13,000 customers, ranging from large multinational corporations to small local businesses. Berry is headquartered in Evansville, Indiana.
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- Date
- April 2013
- Company
- Berry Plastics Group, Inc.
- Transaction
- M&A
- Sectors
- Industrial
- Target Geography
- North America
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