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Clearlake Capital-backed Pretium Packaging acquires Grupo Edid

Pretium Packaging (Pretium), a designer and manufacturer of packaging solutions for a diverse set of applications backed by private equity firm Clearlake Capital Group, in partnership with management, has completed the acquisition of Ediplast, Edipacks, Refrepet, and Ediprint (collectively, Grupo Edid). a family-owned rigid packaging manufacturer and paperboard printer.

The combination of Pretium and Grupo Edid represents the ninth acquisition for Pretium since 2014 and the second major acquisition this year, following the acquisition of Alpha Consolidated Holdings in October. Financial terms of the transaction, which was financed with an add-on to Pretium’s existing credit facility, led by Credit Suisse, the lead agent of Pretium’s senior credit facilities, have not been disclosed.

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