Sale to Kingspan Group plc
Baird served as exclusive financial advisor to Pactiv and Rank Group Limited on this transaction.
AboutPactiv LLC (“Pactiv”) recently completed the sale of its Building Products business unit to Kingspan Group plc (“Kingspan”) (ISE: KRX) in a transaction valued at $82 million.
Pactiv Building Products, which goes to market under the GreenGuard® brand, is a leading North American designer, producer and marketer of building insulation products used in new construction and remodel projects for residential and commercial markets. Pactiv Building Products is based in Winchester, Virginia with corporate offices in Atlanta, Georgia.
Pactiv is one of the world’s largest producers of food service disposables and food packaging. Pactiv is a division of Reynolds Group Holdings, a leading global manufacturer and supplier of food and beverage packaging. Reynolds Group Holdings is owned by Rank Group Limited, a privately held investment company based in Auckland, New Zealand.
Kingspan Group plc is a global leader in high performance insulation, building fabric and solar integrated building envelopes. Kingspan delivers high efficiency, low cost and low carbon building solutions across a broad range of market sectors. Kingspan Group plc is headquartered in Kingscourt, Ireland.
For additional information about this transaction, please contact:
- November 2014
- Pactiv Building Products
- Target Location
- Acquiror Location