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Berlin Packaging Announces Binding Commitment With O-I France Sas To Acquire The Iconic Le Parfait Business And Brands

Oct 27, 2021•about 4 years ago

Acquiring Company

Berlin Packaging

Acquired Company

Le Parfait

ChicagoPackaging and Containers Manufacturing

Description

Berlin Packaging, the world's largest Hybrid Packaging Supplier®, announced today the signing of a binding commitment with O-I France SAS pursuant to which Berlin Packaging France SAS would acquire the Le Parfait business and brands.

Company Information

Company

Berlin Packaging

Location

Chicago, Illinois, United States

About

Berlin Packaging is the world's largest Hybrid Packaging Supplier® of glass, plastic, and metal containers and closures. The company supplies billions of items annually along with package design, financing, consulting, warehousing, and logistics services for customers across all industries. Berlin Packaging brings together the best of manufacturing, distribution, and income-adding service providers. Its mission is to increase the net income of its customers through packaging products and services. See BerlinPackaging.com for more information.

M&A Insights

Based on deal data
Integration timeline
70% of M&A integrations take 12-24 months to complete
Tech stack consolidation
83% of merged companies consolidate technology vendors within first year
Post-acquisition investment
Companies increase IT spending by 23% on average after acquisitions
Success factor
M&A deals with strong technology integration plans are 2.5x more likely to succeed