Obrist Americas

Pöyry Capital has closed a transaction where we acted as financial advisor for both parties.

Global Closure Systems, owned by the French private equity group, PAI Partners, has sold its US beverage closure business, Obrist Americas, to Closure Systems International, owned by one of New Zealand’s leading private companies, Rank Limited. 

Obrist Americas is a leader in the US market for screw-on and tamper evident plastic closures for carbonated and non-carbonated beverages.  The company has two manufacturing plants in the US, one in Sandston, Virginia and the second in Salt Lake City, Utah.

In an unusual role, Asim Mullick at Pöyry Capital, supported by David Wiens and Alexander Bottenheim, was hired by both the seller and buyer to facilitate and advise on the transaction, having acted as financial adviser to both parties before on different transactions.