US based Stone Canyon Industries (SCI) is set to acquire Netherlands based Mauser Group for $2.3Bn.
For the all-cash transaction Goldman Sachs is serving as financial advisor to SCI, and Gibson, Dunn & Crutcher is providing legal counsel and Bank of America Merrill Lynch, Goldman Sachs & Co., BMO Capital Markets Corp., and Citigroup Global Markets Inc. are providing committed financing for the transaction.
About Stone Canyon Industries (SCI)
Stone Canyon Industries is a principal investment firm specializing in making investments in companies valued between $50 million and $1000 million. Stone Canyon Industries was founded in September 2014 and is based in Santa Monica, California with an additional office in Asia.
Mauser Group manufactures and supplies rigid industrial packaging solutions worldwide. Its products include plastic, metal, and fiber drums; and intermediate bulk containers (IBC).
Mauser Group was founded in 1896 and is headquartered in Amsterdam, the Netherlands.
Source: – Stone Canyon Industries Press Release