Platinum Equity Inks Sale of Contego Cartons

Posted on: November 16, 2012 by Luisa BeltranNo Comments »

Graphic Packaging Holding Co. has agreed to buy Contego Cartons. Platinum Equity is the seller. Graphic Packaging will pay approximately £71 million (US$112.7 million) in cash and assume approximately £10 million (US$15.9 million) in other net liabilities. Contego Cartons operates three folding carton facilities that convert about 150,000 tons of paperboard annually into folding cartons for [...]