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Completion of Global Closure Systems Acquisition

30th Mar 2016 08:51

RNS Number : 5172T
RPC Group PLC
30 March 2016
 

THIS ANNOUNCEMENT (AND THE INFORMATION CONTAINED HEREIN) IS NOT FOR RELEASE, PUBLICATION, DISTRIBUTION OR FORWARDING, DIRECTLY OR INDIRECTLY, IN WHOLE OR IN PART, IN, INTO OR FROM AUSTRALIA, CANADA, JAPAN, THE REPUBLIC OF SOUTH AFRICA, THE UNITED STATES OF AMERICA OR ANY OTHER JURISDICTION WHERE TO DO SO WOULD CONSTITUTE A VIOLATION OF THE RELEVANT LAWS OF SUCH JURISDICTION. PLEASE SEE THE IMPORTANT NOTICES AT THE END OF THIS ANNOUNCEMENT.

 

 

30 March 2016

 

 

RPC Group Plc

("RPC" or the "Company")

 

Completion of Global Closure Systems Acquisition

 

RPC, a leading plastic products design and engineering company for packaging and non-packaging markets, is pleased to announce the completion of the acquisition of Global Closure Systems ("GCS Group"), details of which were announced on 14 December 2015, following receipt of all required anti-trust clearances.

 

Pim Vervaat, Chief Executive of RPC, commented:

 

"We are pleased to have completed the acquisition of GCS Group and look forward to welcoming our new colleagues into the RPC Group. The combination of RPC and GCS Group will further strengthen RPC's European platform in rigid plastic packaging with an extensive range of highly complementary closures and dispensing solutions. We believe our enhanced scale will enable us to deliver further value for our customers and shareholders."

 

 

For further information, please contact:

 

 

RPC Group Plc:

Pim Vervaat, Chief Executive

Simon Kesterton, Group Finance Director

Andrew Collins, Investor Relations Manager

 

+44 (0)1933 410064

 

RBC Capital Markets - Lead Financial Adviser and Sponsor:

Guy Mullin-Henderson

James Ireland

Rupert Walford

Brian Robertson

 

+44 (0)20 7653 4000

Deutsche Bank - Joint Global Co-ordinator and Joint Bookrunner:

Lorcan O'Shea

Charles Wilkinson

David Nangle

 

+44 (0)20 7545 8000

 

Panmure Gordon - Joint Global Co-ordinator and Joint Bookrunner:

Andrew Godber

Tom Salvesen

Fabien Holler

 

+44 (0)20 7886 2500

 

Barclays - Joint Financial Adviser and Joint Bookrunner:

Asim Mullick

Nishant Amin

Lawrence Jamieson

 

+44 (0)20 7991 8888

 

FTI Consulting:

Richard Mountain

Nick Hasell

+44 (0)20 3727 1340

 

 

 

IMPORTANT NOTICE

This announcement has been issued by, and is the sole responsibility of, RPC. The information contained in this announcement is for background purposes only and does not purport to be full or complete. No reliance may or should be placed by any person for any purpose whatsoever on the information contained in this announcement or on its accuracy or completeness. The information in this announcement is subject to change. Neither the contents of RPC's website nor any website accessible by hyperlinks on RPC's website is incorporated in, or forms part of, this announcement.

 

- Ends -

This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
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