CD&R said Monday that it has closed its buy of Mauser. The value of the acquisition was about 1.2 billion euros. Headquartered in Bruehl, Germany, Mauser is a provider of industrial packaging solutions.
NEW YORK – August 4, 2014 – Clayton, Dubilier & Rice (“CD&R”) and MAUSER Group (“MAUSER”) announced today that funds managed by CD&R have completed the previously-announced acquisition of MAUSER, one of the world’s leading industrial packaging companies. The transaction was valued at approximately €1.2 billion. Additional terms were not disclosed.
With 2013 revenues of €1.2 billion, MAUSER manufactures and supplies plastic and steel drums and intermediate bulk containers (“IBCs”) for the chemical, industrial and food and beverage industries, among others. The company is also the leading provider of reconditioning services for used plastic drums and IBCs of all products. MAUSER’s 4,400 employees operate 57 production facilities across 18 countries in Europe, North America, Latin America and Asia.
About Clayton, Dubilier & Rice
Founded in 1978, Clayton, Dubilier & Rice is a private equity firm with an investment strategy predicated on producing financial returns through building stronger, more profitable businesses. CD&R manages approximately $21 billion on behalf of its investors and since inception has acquired 61 businesses with an aggregate transaction value of more than $90 billion. For more information, please visit www.cdr-inc.com.
About MAUSER Group
MAUSER Group is a worldwide leading producer of industrial packaging with approx. 4,400 employees and consolidated revenue of over €1.2 billion. Founded in 1896 and headquartered in Bruehl near Cologne (Germany), the company has influenced the international market through innovative packaging technologies. The portfolio for customers in the chemical, agrochemical, petrochemical, and pharmaceutical sectors as well as in the food and beverage industries, includes plastic packaging, fiber drums, steel drums, Intermediate Bulk Containers (“IBC”), and reconditioning services through the National Container Group (“NCG”), a MAUSER subsidiary. MAUSER provides sustainability-oriented, full-cycle services – from production to recycling (“ECO-CYCLE®”). With more than 80 MAUSER/NCG sites and multiple joint ventures in Europe, the Americas and Asia plus two licensee networks for plastic and steel packaging, the company is a presence around the globe. www.mausergroup.com