Industry: Materials / Containers & Packaging
Location: North Carolina
The Company paid a $31 million cash dividend to its stockholders.
The Company is a worldwide leader in wine closures and the #1 closure brand for still wines in many countries.
Invests in five primary sectors: hospitality, recreation, clubs, real estate and travel services.
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.