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Following exclusive discussions between PAI Partners and RPC for the sale of Global Closure Systems, and after the consultation process with GCS’s Works Councils was completed, the transaction has been signed on Friday the 18th of December.
"Given the highly complementary nature of respective product offerings, the combination of RPC and GCS will allow GCS to pursue, intensify and accelerate the execution of its profitable growth strategy focused on innovation, high value-added solutions and operational excellence, whilest strengthening its position in America and in Asia, as well as in Procurement.
This transaction is the best testimony of the outstanding work delivered by GCS employees over many years. "I am confident that GCS business will continue to thrive within the new RPC environment," states Christian Voegell, CEO of Global Closure Systems.
