The Company paid a $31 million cash dividend to its stockholders.

COMPANY
The Company is a worldwide leader in wine closures and the #1 closure brand for still wines in many countries.

EQUITY SPONSOR
Invests in five primary sectors: hospitality, recreation, clubs, real estate and travel services.

OUR ROLE
Pendo Advisors, LLC served as independent financial advisor to the board of directors of the Company and provided a solvency opinion in connection with the transaction.