Portola, with sales of approximately $200m in 2012, operates eight facilities in North America and Europe.
The purchase price for this transaction was $266m.
Silgan Holdings is a leading supplier of rigid packaging for shelf-stable food and other consumer goods products with annual net sales of approximately $3.6bn in 2012. Silgan operates 89 manufacturing facilities in North and South America, Europe and Asia. Silgan is a leading supplier of metal containers in North America and Europe, and a leading worldwide supplier of metal, composite and plastic closures for food and beverage products. In addition, Silgan is also a leading supplier of plastic containers for shelf-stable food and personal care products in North America.
Source: Silgan Holdings Inc
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