In that position, I was given many opportunities to network and collaborate with different groups and leaders throughout the organization in which was modeled throughout the interview process. Products. The company is a leading global supplier of a broad range of innovative rigid, flexible, and non-woven products used every day within consumer and industrial end markets. We caution you that the foregoing list of important factors may not contain all of the material factors that are important to you. Acquisition is one of the favored growth options for Berry Global. Why did you choose Berry for an internship? In 2017, we changed our Company name from Berry Plastics to Berry Global to better reflect who we are. Berry Global Group, Inc. Berry Global Group, Inc. (NYSE: BERY), today announced the completion of its acquisition of RPC Group Plc (RPC) for a purchase price of approximately $6.5 billion, which includes approximately $4.3 billion of cash paid for the equity interest in RPC and $2.2 of net debt and estimated transaction related costs, subject to closing adjustments. You can identify forward-looking statements because they contain words such as “believes,” “expects,” “may,” “will,” “should,” “would,” “could,” “seeks,” “approximately,” “intends,” “plans,” “estimates,” “anticipates,” “outlook,” or “looking forward,” or similar expressions that relate to our strategy, plans, or intentions. At Berry, we are extremely proud of our heritage. Most of Berry's overall 2020 sales growth was connected to its $4.4 billion acquisition of global packaging firm RPC Group plc in 2019. Berry Global Group Inc. is acquiring RPC Group plc in a blockbuster $4.37 billion, all-cash deal that trumps an earlier purchase attempt by a private equity firm. The Company’s most targeted sectors include plastics (58%) and packaging (29%). Berry Global was established in 1967 and is based in Evansville, Indiana. Every day, new opportunities emerge around M&A and we help professionals of all types comb through transactions, investors, and corporate acquirers via an easy-to-use web database that is accessible to anyone. Berry has made various adjustments to reflect known IFRS to GAAP differences and to translate RPC’s financial statements from British Pounds to U.S. dollars based upon applicable historical exchange rates, which may differ materially from future exchange rates. Search Crunchbase. Connect with us. The combined company will have revenue of … Berry Global Group, Inc. (NYSE:BERY) today reported its third quarter 2020 results, referred to in the following as the June 2020 quarter. A news release from Berry said the $6.5 billion acquisition would create a global plastic and recycled packaging product franchise. “We remain highly impressed by the tremendous depth of talent and resources embedded within RPC, and are looking forward to the opportunity to strengthen our combined platform with the wealth of experience and expertise this team has to offer. Clopay Plastic Products Company, Inc. was added to the portfolio in February 2018, … The … Pursuant to the acquisition agreement, Berry paid approximately $19 million for Filmco, subject to certain customary adjustments. Berry Global Group, Inc. (NYSE: BERY), today announced the completion of its acquisition of RPC Group Plc (RPC) for a purchase price of approximately $6.5 billion, which includes approximately $4.3 billion of cash paid for the equity interest in RPC and $2.2 of net debt and estimated transaction related costs, subject to closing adjustments. Berry Global Group, Inc. Completes Acquisition of RPC Group Plc, Berry Global and Repsol to Boost Sustainable Circular Resins in Packaging, Berry Global Group, Inc. It’s largest disclosed sale occurred in 2019, when it sold Seal For Life Industries to Arsenal Capital Partners for $328M. A total of 3 acquisitions came from private equity firms. Hot Mama Salsa and the Power of Partnership. Laddawn has a proven track record in delivering strong organic growth generating over $145 million of net sales for the twelve … About. Berry Global Inc. Connect to CRM . Berry Global, Inc. is a manufacturer and marketer of plastic packaging products for personal care, household, industrial and transportation markets. Learn More. With roots as a small, hometown company based in Evansville Indiana, Berry has grown into a global, multi-billion-dollar publicly-traded corporation. These forward-looking statements are subject to risks and uncertainties that may change at any time, and, therefore, our actual results may differ materially from those that we expected. Berry Global has acquired in 7 different US states, and 4 countries. Berry Global has acquired in 7 different US states, and 4 countries. In July 2019, Berry Global completed its acquisition of RPC Group for a purchase price of approximately $6.5bn (£5.1bn), subject to closing adjustments. The acquisition of RPC was financed with a portion of the proceeds of (i) Berry’s May 2019 sale of $1.25 billion of 4.875% first priority senior secured notes due 2026 and $500 million of 5.625% second priority senior secured notes due 2026 and (ii) a $4.25 billion incremental term loan and a €1.075 billion incremental term loan, which also served to refinance an existing Berry term loan. It has also divested 1 asset. Pricing. Some of the factors that we believe could affect our results include: (1) changes in prices and availability of resin and other raw materials and our ability to pass on changes in raw material prices on a timely basis; (2) performance of our business and future operating results; (3) risks related to acquisitions and integration of acquired businesses; (4) potential failure to realize the intended benefits from recent acquisitions and the acquisition of RPC, including, without limitation, the inability to realize the anticipated cost synergies in the anticipated amounts or within the contemplated timeframes or cost expectations, the inability to realize the anticipated revenues, expenses, earnings and other financial results, and growth and expansion of our operations, and the anticipated tax treatment; (5) risks associated with our substantial indebtedness and debt service; (6) risks related to international business, including foreign currency exchange rate risk and the risks of compliance with applicable export controls, sanctions, anti-corruption laws and regulations; (7) risks of competition, including foreign competition, in our existing and future markets; (8) uncertainty regarding the United Kingdom’s withdrawal from the European Union and the outcome of future arrangements between the United Kingdom and the European Union; (9) risks related to the phase-out of the London Interbank Offered Rate (LIBOR), or the replacement of LIBOR with a different reference rate or modification of the method used to calculate LIBOR; and (10) the other factors discussed under the heading “Risk Factors” in our Annual Report on Form 10-K and subsequent filings with the SEC. Berry's overall sales for fiscal 2020 were up 31 percent to $11.7 billion. News Release. The combination of Berry and RPC creates a leading global supplier of valued-added protective solutions and one of the world’s largest plastic packaging companies. YouTube. Overview 4 Key Berry Figures 1 Business Overview Three Business Segments1 1 Excludes impact of RPC Group PLC; financials are for the LTM period ended December 2018 calculated as FY 2018 less Q1 2018 + Q1 2019 2 As a percentage of target revenue over the past 15 acquisitions Note: Berry management estimates Leading global supplier of a broad range of innovative flexible, rigid The company was purchased by Jack Berry Sr. in 1983. 1, 2019-- LinkedIn. At Berry, we take great pride in the superior quality, and depth and breadth of our product offerings. Berry Plastics est une entreprise américaine de plasturgie spécialisée notamment dans les films d'emballages basée dans l'Indiana.. Histoire. Evansville, Indiana 47710 M&A research that takes seconds (not all afternoon), Better understand your customers and prospects. We believe this acquisition will further enhance the long-term outlook for our business and will provide a unique value creation opportunity for our shareholders,” stated Salmon. Our extensive team of highly skilled innovators is constantly researching and developing methods to improve existing products and create new solutions that will address unmet needs in the marketplace. Financially speaking, 2020 has been a good year for Berry Global Inc. Announces Proposed Offering of First Priority Senior Secured Notes, https://www.businesswire.com/news/home/20190701005316/en/, Creates a global leader in plastic and recycled packaging products, Produces a balanced franchise across geographies, markets, and substrates, Combined pro forma sales of approximately, Expected to be accretive to earnings and cash flow. 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