Silgan Holdings Acquires Easytech Closures S.p.A.

October 4, 2021

Silgan Holdings Inc. acquired Easytech Closures S.p.A., a Europe-based manufacturer of easy-open and sanitary metal ends, for a purchase price of €31.5 million. Easytech was projected to generate approximately €38 million in sales and €6.6 million in adjusted EBITDA in 2021; Silgan expects roughly €4.1 million of annual synergies and funded the acquisition with revolving loan borrowings under its senior secured credit facility.

Buyers
Silgan Holdings Inc.
Targets
Easytech Closures S.p.A.
Industry
Packaging
Location
Campania, Italy
Transaction Type
Buyout

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