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Buyer is Platinum Equity
November 10, 2014
By: Catherine Diamon
Director, Executive Internal Communications, GAF
Bemis Company has announced it has completed the sale of its of MACtac, its global Pressure Sensitive Materials business. The buyer is Platinum Equity, a California-based private equity firm. The transaction was completed for a purchase price of $170 million, subject to customary post-closing adjustments. The Pressure Sensitive Materials business was classified as discontinued operations in Bemis’ financial statements during the third quarter of 2014. Goldman, Sachs & Co. acted as fina...
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