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G+T advise on acquisition of Australian plastics business by US-headquartered Precision Global
Gilbert + Tobin is pleased to announce it has advised Peak Rock Capital, a leading mid-market private equity firm based in Texas on the acquisition by its portfolio company, Precision Global, of Australian-based, Ralpet Plastics.
Based in New York, Precision Global is the inventor of the modern aerosol valve and a leading global manufacturer and supplier of aerosol valves, actuators, pumps, caps and related aerosol accessories, custom closures and other specialty dispensing solutions.
Ralpet is a leading manufacturer of injection and blow moulded plastic products. Headquartered outside of Sydney, Australia, Ralpet produces a variety of aerosol caps, cosmetics jars and bottles for leading aerosol fillers and contract manufacturers across numerous end markets, including personal care, cosmetics, food & beverage and industrial.
The acquisition of Ralpet enables Precision Global to enhance its operational and commercial capabilities and drive future growth by expanding in injection moulded plastic accessories.
The Gilbert + Tobin team was led by Corporate partner David Josselsohn and supported by Banking partner Gail Christopher and lawyers Kylie Hocek, Jo Bayes, Lauren Cloete, Prerna Sundarjee and Kim McGuren.
Marketing and Communications Executive
Gilbert + Tobin
Tel: +61 2 9263 4125