This business will be reported as part of the plastic container segment and will operate under the name Silgan Plastic Food Containers.
With anticipated 2012 revenues of $100m, this business produces both barrier and non-barrier bowls and trays for the shelf-stable food markets.
The purchase price for this business (including preliminary post-closing adjustments) was $248.1m. The company funded the purchase price for this acquisition from cash on hand.
Source: Silgan Holdings
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