RPC AND GCS, SIGNING OF THE DEAL
RPC & GCS,
SIGNING OF THE DEAL
December 22, 2015
Following exclusive discussions between PAI Partners and RPC for the sale of Global Closure Systems, and after the consultation process with GCS’s Works Councils was completed, the transaction has been signed on Friday 18th December.
“Given the highly complementary nature of respective product offerings, the combination of RPC and GCS will allow GCS to pursue, intensify and accelerate the execution of its profitable growth strategy focused on innovation, high value-added solutions and operational excellence, whilst strengthening its position in Americas and in Asia, as well as in Procurement.
This transaction is the best testimony of the outstanding work delivered by GCS employees over many years.
I am confident that GCS business will continue to thrive within the new RPC environment.” states Christian Voegeli, CEO of Global Closure Systems.
RPC is a leading plastic products design and engineering company for packaging and non-packaging markets, with 18 design and engineering development centres and 89 manufacturing sites in 24 countries employing more than 15,000 people. The Group develops and manufactures a diverse range of products for a wide variety of customers, including many household names, and enjoys strong market positions in many of the end markets it serves and the geographical areas in which it operates. Using a wide range of polymer conversion technologies, including injection moulding, blow moulding, thermoforming, reaction injection moulding, rotational moulding and other specialist conversion techniques, it combines the development of innovative packaging and technical solutions for its customers with unparalleled levels of service and support.
GCS is one of the world's leading global manufacturers and providers of closures and dispensing systems for consumer products. GCS sells closures and dispensing systems in more than 100 countries worldwide and holds leading market positions in many of the geographic and consumer end-markets it serves. GCS's global reach is underpinned by its local presence, with 21 manufacturing sites strategically located in 13 countries. It is one of the few companies in its industry able to offer a wide range of plastic and metal closures and dispensing systems for the beverage, personal care, household, food, pharmaceutical and wine & spirits end-markets, with over 2,000 designs of standard and custom closures and dispensing systems.Contact GCS Sales