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.

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