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March 19, 2013

Platinum Equity To Sell Contego Healthcare Business

  LOS ANGELES, Calif. (March 19, 2013) – Platinum Equity announced today it has signed a definitive agreement to sell Contego Healthcare Limited to FIL International Limited, a subsidiary of Filtrona plc, for cash consideration of approximately £160 million.  The change in ownership is expected to occur during the second quarter of 2013.  Contego Healthcare, one of Europe’s leading and most technically advanced packaging manufacturers, makes cartons, leaflets, self-adhesive labels, and printed foils for blister packs for the pharmaceutical and healthcare markets.  Contego Health...

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January 21, 2013

BWAY Corporation Completes Acquisition of Ropak

Atlanta, GA – BWAY Corporation ("BWAY" or the "Company"), a Platinum Equity company and leading North American supplier of general line rigid containers, announced today that it has completed the acquisition of Ropak Packaging ("Ropak") from the LINPAC Group.Ropak is a North American producer of rigid, plastic shipping containers serving the consumer goods, food processing, construction, dairy, petroleum, and other industries."Acquiring Ropak is an exciting step in the evolution of our company and creates new opportunities for our customers, employees, and other partners," said Kenneth Roess...

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December 28, 2012

Contego Packaging Completes Sale of Food Cartons Business to Graphic Packaging

Contego Packaging Group has finalised details of the sale of its food and beverage Cartons business to Graphic Packaging Holding Company. The acquisition, which has now been approved by the Office of Fair Trading (OFT), was concluded on 24th December 2012. The food and beverage Cartons business in the UK, the Netherlands and Ireland involves Contego Packaging Group’s sites at Leeds, Gillingham, Hoogerheide, and Portlaoise. The ownership and growth strategy of the Healthcare business of the Contego Packaging Group remains unchanged and continues to be expansion through organic and ac...

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December 21, 2012

NESCO Acquires Utility Equipment Leasing Corporation

Fort Wayne, IN — NESCO, LLC ("NESCO") today announced that it has acquired Utility Equipment Leasing Corporation ("UELC") from Utility Equipment Holding Company ("UEHC"), pursuant to a stock purchase agreement. "This is an accretive and deleveraging transaction that also further strengthens NESCO's national presence in the utility equipment rental market." NESCO, acquired by Platinum Equity in October 2011, is a leading North American provider of specialty rental equipment for the electric power transmission and distribution industry. UELC provides lease and rental solutions for utilit...

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December 03, 2012

BWAY Corporation to Acquire Ropak

ATLANTA, Dec. 3, 2012 -- BWAY Corporation ("BWAY" or the "Company"), a Platinum Equity company and leading North American supplier of general line rigid containers, announced today that it has entered into a definitive agreement to acquire Ropak Packaging ("Ropak") from the LINPAC Group in a transaction valued at approximately $265 million.  Platinum Equity acquired BWAY in November 2012 and immediately launched operational and M&A initiatives to strengthen and grow the company.Ropak is a North American producer of rigid, plastic shipping containers serving the consumer goods, food ...

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November 20, 2012

Pomeroy Expands Remote Monitoring and Management Services with Acquisition of BluePoint Data

Tuck-in acquisition increases Pomeroy's remote monitoring & management, managed cloud services portfolios. Hebron, KY – Pomeroy, a global leader in managed services to optimize IT infrastructure, today announced that it has acquired the assets of BluePoint Data, Inc.  Founded in 2000 and headquartered in Boca Raton, FL, BluePoint Data provides a comprehensive menu of cloud-based managed services for networks, servers, storage, security, applications and databases.  The acquisition further strengthens Pomeroy's remote monitoring and management (RMM) offering, effectively doubling the...

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