Ashurst is advising Goldman Sachs and Wells Fargo in relation to the £3.3 billion recommended cash offer for RPC Group plc by Berry Global.
Berry is a Fortune 500 global manufacturer and marketer of plastic packaging products listed on the New York Stock Exchange. It has over 131 facilities and more than 23,000 employees across the world. For the financial year ended 29 September 2018, Berry’s revenue was US$7.9 billion.
RPC is a leading international design and engineering company of plastic products for both packaging and selected non-packaging markets. RPC operates in 33 countries and employs approximately 25,000 people. It is headquartered in England and operates throughout the UK, across mainland Europe, Africa, Asia and in the US. RPC’s shares are admitted to the premium segment of the Official List and to trading on the main market of the London Stock Exchange.
The Ashurst team is being led by partners James Fletcher, Tim Rennie and Tom Mercer assisted by senior associate Campbell Johnston and associate Harry Thimont. Global markets partner James Coiley is also advising on the transaction.
Goldman Sachs and Wells Fargo are acting as joint financial advisers to Berry in relation to the offer.
