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Corporation
FOOD & BEVERAGES | Foodservice
pactivevergreen.com

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Investments

1

Service Providers

2

About Pactiv Evergreen

Pactiv Evergreen (NASDAQ: PTVE), fka Reynolds Group Holdings, is a manufacturer and distributor of fresh foodservice and food merchandising products and fresh beverage cartons in North America. The company produces a broad range of on-trend and feature-rich products that protect, package, and display fresh food and beverages for consumers who want to eat or drink fresh, prepared, or ready-to-eat food and beverages conveniently and with confidence.

Pactiv Evergreen Headquarter Location

1900 W. Field Court

Lake Forest, Illinois, 60045,

United States

800-879-5067

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Pactiv Evergreen Web Traffic

Rank
Page Views per User (PVPU)
Page Views per Million (PVPM)
Reach per Million (RPM)
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Pactiv Evergreen Rank

Latest Pactiv Evergreen News

» M&As: Pactiv’s US$380 mn acquisition of Fabri-Kal; Polytek acquires Specialty Resin & Chemical New

Sep 14, 2021

US firm Pactiv Evergreen Group Holdings is to acquire Fabri-Kal, a manufacturer of foodservice and consumer brand packaging solutions, in a transaction valued at approximately US$380 million, subject to adjustments for cash, working capital and indebtedness. It is expected to close late in the third quarter or early in the fourth quarter of this year, subject to regulatory approvals and satisfaction of other customary closing conditions. “Combining these two complementary companies will further expand Pactiv Evergreen’s position in the Foodservice segment, broaden our sustainable packaging product offerings and customer base, and increase our manufacturing capacity and distribution capabilities,” said Mike King, Pactiv Evergreen CEO. “Fabri-Kal is well known for its high-quality products, longstanding customer relationships and sustainable packaging solutions. We look forward to the Fabri-Kal team joining Pactiv Evergreen and working together to drive increased value for our shareholders, customers and employees.” Fabri-Kal Corporation is a US manufacturer of foodservice and custom thermoformed plastic packaging solutions, with approximately 72% of its sales attributable to foodservice products. Fabri-Kal’s products include portion cups, lids, clamshells, drink cups and yogurt containers for the consumer packaged goods and industrial food markets. Fabri-Kal specialises in a variety of materials including renewable agricultural fibre. Approximately half of Fabri-Kal’s sales are generated from fully compostable packaging products or fully recyclable packaging products. Fabri-Kal’s remaining sales are attributable to its stock foodservice customers and consumer packaged goods customers. Headquartered in Kalamazoo, Michigan, and in continuous operation since 1950, Fabri-Kal employs approximately 1,000 people and operates four manufacturing plants in the US. In other news, Polytek Development Corp., a manufacturer of specialty polymers for coating, mould making, and casting applications, has acquired Specialty Resin & Chemical. Polytek is a portfolio company of Arsenal Capital Partners. Terms were not disclosed. Founded in 2007 and located in Dowagiac, MI, Specialty Resin & Chemical is a supplier of user-friendly mould making, casting, and coating products, including bar top epoxy resin and polyurethane resin. They fit in well alongside Polytek's existing consumer brands because of its strong focus on customer service and dedication to providing products specifically designed for hobby and art communities. Doug Lorenz, CEO of Polytek, commented "With years of experience and a broad and diverse product line, Specialty Resin is well positioned to serve do-it-yourselfers, hobbyists, and small businesses. They have created a name for themselves among these communities and we are very excited to help them build and grow upon the great success they have already achieved." Daniel Wilson, owner of Specialty Resin & Chemical, will remain in an active role within the Specialty Resin & Chemical brand, and the two companies will continue to do business under their existing names. Daniel commented, "Our goals align very closely with Polytek's mission, and we are eager to join their team. We look forward to continuing to support our customers while developing new product options for them." Founded in 1984, Polytek Development Corp. is headquartered in Easton, PA with operations in Pomona, CA, Galesburg, MI, Franklin, IN, Grants Pass, OR, and South St. Paul, MN. Polytek is a manufacturer of specialty polymers including polyurethane elastomers and casting resins, silicone, epoxies, latex, thermoplastic elastomers, and board materials. (PRA)

Pactiv Evergreen Investments

1 Investments

Pactiv Evergreen has made 1 investments. Their latest investment was in Closure Systems International as part of their Other Investors on .

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Pactiv Evergreen Investments Activity

investments chart

Date

Round

Company

Amount

New?

Co-Investors

Sources

Other Investors

Closure Systems International

Yes

Date

Round

Other Investors

Company

Closure Systems International

Amount

New?

Yes

Co-Investors

Sources

Pactiv Evergreen Acquisitions

3 Acquisitions

Pactiv Evergreen acquired 3 companies. Their latest acquisition was Fabri-Kal on September 08, 2021.

Date

Investment Stage

Companies

Valuation
Valuations are submitted by companies, mined from state filings or news, provided by VentureSource, or based on a comparables valuation model.

Total Funding

Note

Sources

9/8/2021

$991

Acquired

5

9/9/2011

Acq - Fin

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$99M

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10

3/17/2011

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$991

$99M

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10

Date

9/8/2021

9/9/2011

3/17/2011

Investment Stage

Acq - Fin

Companies

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Valuation

$991

$991

Total Funding

$99M

$99M

Note

Acquired

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Sources

5

10

10

Pactiv Evergreen Service Providers

2 Service Providers

Pactiv Evergreen has 2 service provider relationships

Service Provider

Associated Rounds

Provider Type

Service Type

Joseph Gunnar & Co.

IPO

Investment Bank

Financial Advisor

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Service Provider

Joseph Gunnar & Co.

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Associated Rounds

IPO

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Provider Type

Investment Bank

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Service Type

Financial Advisor

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Partnership data by VentureSource

Pactiv Evergreen Team

1 Team Member

Pactiv Evergreen has 1 team member, including former Chief Financial Officer, Brandon Wysoglad.

Name

Work History

Title

Status

Brandon Wysoglad

Fort Dearborn Company, Aebi Schmidt Group, US Foods, Walgreens, Arthur Andersen, and PwC

Chief Financial Officer

Former

Name

Brandon Wysoglad

Work History

Fort Dearborn Company, Aebi Schmidt Group, US Foods, Walgreens, Arthur Andersen, and PwC

Title

Chief Financial Officer

Status

Former

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