Public flotation expected to generate EUR 1 bn / Timing still vague / Owner Onex seen holding at least 50% stake after IPO
Packaging maker SIG Combibloc (Neuhausen / Switzerland; announced plans for a EUR 1 bn initial public offering on Switzerland’s SIX Swiss Exchange in the “coming months.” The proceeds will be used to cut debts.

Private equity firm Onex (Toronto, Ontario / Canada; is likely to retain at least a 50% stake in SIG. The Onex group and SIG’s management team own 100% of the company, which was bought in March 2015 for EUR 3.75 bn – see of 26.11.2014.

In the 12 months to 30 June 2018, SIG’s revenue totalled EUR 1.67 bn and adjusted EBITDA was EUR 480m. Last year, it held 21% of market share in terms of aseptic carton packaging volumes in key markets.
07.09.2018 [240592-0]
Published on 07.09.2018
SIG: Onex bringt Teile des Aktienpakets an die BörseGerman version of this article...

© 2001-2019  |  Imprint  |  Privacy is a business information platform for the European plastics industry. It is part of KI Kunststoff Information and PIE Plastics Information Europe, one of the leading content providers for the European plastics industry. We offer daily updated business news and reports, in-depth market analysis, polymer prices and other services for the international plastics industry, including a suppliers guide, career opportunities, a trade name directory and videos.

News | Polymer Prices | Material Databases | Plastics Exchange | Suppliers Guide | Jobs | Trade Names | Videos | Associations & Institutions | Register | Advertising

PIE – Plastics Information Europe | KI – Kunststoff Information | KunststoffWeb | Plastics Material Exchange | Polyglobe | K-Profi
© 2001-2019 by, Bad Homburg
Date of print: 25.05.2019 15:26:03   (Ref: 150488248)
Text and images are subject to copyright and other laws for protection of intellectual property.
Any duplication or distribution in any media as a whole or in parts requires prior written approval by Plasteurope. URL: