October 20, 2014 2:00 PM ET

Machinery

Company Overview of SIG Combibloc Group AG

Company Overview

SIG Combibloc Group AG provides aseptic beverage cartons and packaging equipment for beverages and liquid food. The company manufactures beverage cartons for fresh and long-life food products, such as drinks, soups, desserts, and sauces, as well as supplies systems for the corresponding filling machines. It also offers solutions for the production, coating, and filling of PET bottles. Further, SIG Holding produces three-piece cans. The company provides its products to customers worldwide, primarily in the United States, Asia, and Europe. The company was formerly known as SIG Holding AG. The company was founded in 1853 and is based in Neuhausen, Switzerland. SIG Combibloc Group AG operates as...

Laufengasse 18

Neuhausen,  8212

Switzerland

Founded in 1853

Phone:

41 52 674 61 11

Fax:

41 52 674 65 56

Key Executives for SIG Combibloc Group AG

Chief Executive Officer
Age: 42
President and General Manager for Europe
Chief Financial Officer and Member of Group Executive Committee
Age: 56
Chief Operating Officer and Member of the Group Executive Committee
Age: 54
President of SIG Combibloc
Compensation as of Fiscal Year 2014.

SIG Combibloc Group AG Key Developments

SIG Combibloc Reportedly Receives Bids

Reynolds Group Holding Ltd. is exploring a sale of the SIG Combibloc Group AG. Reynolds Group Holding selected several private equity groups but no peers to participate in the second round of bidding, Reuters reported citing several people familiar with the deal. It is believed that CVC Capital Partners Limited, Onex Corporation (TSX:OCX), Bain Capital, LLC, Partners Group Holding AG (SWX:PGHN) and BC Partners have been invited for management presentations. Final bids are due next month. Greatview Aseptic Packaging Company Limited (SEHK:468) is no longer taking part in the auction. Representatives for Reynolds Group Holding, SIG Combibloc Group, . Greatview Aseptic Packaging Company Limited, CVC Capital Partners, Onex Corporation, BC Partners, Bain Capital and Partners Group declined to comment. Reynolds Group hired Goldman Sachs Group, Inc. to organise the sale.

Reynolds Group Holds Strategic Review of Certain Packaging Businesses

Reynolds Group Holdings Ltd. is strategically reviewing Closure Systems International, Inc., Evergreen Packaging Inc. and SIG Combibloc Group AG. The reviews may result in a decision to sell some or all of those businesses, although no decision has been made at this time to do so.

Investors Reportedly Eye SIG Combibloc

Clayton, Dubilier & Rice, Inc. (‘CD&R’); CVC Capital Partners Ltd. (‘CVC’); Kohlberg Kravis Roberts & Co. (NYSE:KKR) (‘KKR’); and The Blackstone Group L.P. (NYSE:BX) (‘Blackstone’) have held talks with advisers about potential deal to acquire SIG Combibloc Group AG (‘SIG’) from Rank Group Investments Limited, according to five persons who asked not to be identified because the talks are private. Blackstone and CVC Capital are considering bids of about $5 billion, according to people with knowledge of the matter. Rank Group appointed Goldman Sachs Group, Inc. to examine options for the company earlier this year. First round offers are due in September and the private-equity firms are expected to form groups with each other, or third parties, to bid for the company, the people said. According to Bloomberg, spokesmen for Blackstone, CVC, CD&R and KKR declined to comment and officials at SIG didn’t respond to telephone and e-mailed requests seeking comment.

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