Sealed Air to be Acquired by CD&R in $10.3 Billion Deal

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 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.

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.

Clayton, Dubilier & Rice and KKR Acquire Cloudera for $5.3 Billion

October 8, 2021

Cloud & SaaS

Cloudera entered into a definitive agreement to be acquired by affiliates of Clayton, Dubilier & Rice (CD&R) and KKR in an all-cash transaction valued at approximately $5.3 billion, expected to close in the second half of 2021. The deal will take Cloudera private and provide $16.00 per share to shareholders, with Cloudera continuing to be led by CEO Rob Bearden.

Clayton, Dubilier & Rice Acquires Cornerstone Building Brands for $5.8 Billion

July 25, 2022

Manufacturing

Clayton, Dubilier & Rice (CD&R) successfully completed its all-cash acquisition of Cornerstone Building Brands in a deal valued at approximately $5.8 billion, including assumed debt. Cornerstone Building Brands shareholders received $24.65 per share and the company became a private company after completion.