CD&R to Acquire Sealed Air for $10.3 Billion

CD&R Acquires Shearer's Foods from Ontario Teachers'

December 13, 2023

Food & Beverage

Clayton, Dubilier & Rice (CD&R) has completed its acquisition of Shearer's Foods, a leading North American contract manufacturer and private‑label snack supplier, from Ontario Teachers' Pension Plan Board. Shearer's, headquartered in Massillon, Ohio with 17 manufacturing facilities across the U.S. and Canada, will partner with CD&R to scale operations and accelerate growth; terms were not disclosed.

CD&R to Acquire Majority Stake in Roper Technologies' Industrial Businesses

June 1, 2022

Industrial Services

Roper Technologies agreed to sell a majority stake in its industrial businesses (its entire Process Technologies segment and the industrial businesses within Measurement & Analytical Solutions) to affiliates of Clayton, Dubilier & Rice (CD&R) for approximately $2.6 billion in upfront pre-tax cash while retaining a 49% minority interest. The package—which includes Alpha, AMOT, CCC, Cornell, Dynisco, FTI, Hansen, Hardy, Logitech, Metrix, PAC, Roper Pump, Struers, Technolog, Uson and Viatran—generated about $940 million of revenue and $260 million of EBITDA in 2021; CD&R will operate the businesses as a standalone platform to pursue organic and inorganic growth.

Sealed Air (SEE) to Acquire Liquibox for $1.15 Billion

November 1, 2022

Industrial Services

Sealed Air (NYSE: SEE) has signed a definitive agreement to acquire Liquibox, a manufacturer of sustainable bag-in-box fluids & liquids packaging and dispensing solutions, for $1.15 billion on a cash-free, debt-free basis. The deal is positioned as a highly complementary add to SEE’s Cryovac Fluids & Liquids business, with expected annualized cost synergies of $30 million and a close expected in the first quarter of 2023.

Clayton, Dubilier & Rice Acquires Veritiv Corporation

August 7, 2023

Packaging

An affiliate of private equity firm Clayton, Dubilier & Rice (CD&R) has completed the acquisition of Veritiv Corporation for $170.00 per share, valuing the company at approximately $2.6 billion. Veritiv, a leading North American distributor of packaging, JanSan/hygiene and print products headquartered in Atlanta, will become a privately held company under CD&R to pursue accelerated organic and inorganic growth and operational improvements.

CD&R to Acquire Atalian and OCS Facilities Services to Create Global Facilities Management Platform

July 28, 2022

Industrial Services

Clayton, Dubilier & Rice (CD&R) agreed to acquire the Facilities Services business of OCS Group and has made a binding offer for Atalian, with approval subject to works council consultations. The transactions will combine the two family-owned businesses to form a global facilities management platform with expanded capabilities across cleaning, security, catering and multi-technical services and a stronger presence in Europe and Asia-Pacific.

CD&R to Acquire Majority Stake in Presidio from BC Partners

April 2, 2024

IT Services

Clayton, Dubilier & Rice (CD&R) will acquire a majority ownership position in Presidio, a leading IT services and digital solutions provider, from BC Partners, which will retain a minority stake. The transaction, which strengthens Presidio’s ability to expand its cloud, managed services and cybersecurity capabilities, is expected to close in Q2 2024; terms were not disclosed.