The division supplies triggers, pumps, sprayers and dispensing closure systems in the home, health and beauty markets. It has 13 sites in North America, Europe, South America and Asia with sales of $570m in 2016.
Silgan said that the acquisition was funded through “term and revolving loan borrowings under its senior secured credit facility”.
WestRock sold the business at the start of the year and then went on to buy Multi Packaging Solutions in a $1.1bn deal.
Source: News – Packaging News