On the Record · Graphic Packaging International
Graphic Packaging International acquisitions, on the record
The businesses Graphic Packaging International bought and sold, as its annual reports describe them, with the cash it reported paying for acquisitions each year and every deal filing since 2016.
Deals its annual reports describe
| Business | Deal | When | Value |
|---|---|---|---|
NACP Combination (North America Consumer Packaging business of International Paper Company)Word for word“Total consideration for the NACP Combination, including debt assumed of $660 million , was $1.8 billion .” 10-K for 2018 | agreed acquisition | — | Total consideration for the NACP Combination, including debt assumed of $660 million , was $1.8 billion . |
Letica Foodservice (foodservice business of Letica Corporation, a subsidiary of RPC Group PLC)Word for word“The Company paid approximately $95 million using existing cash and borrowings under its revolving credit facility.” 10-K for 2018 | acquisition | — | The Company paid approximately $95 million using existing cash and borrowings under its revolving credit facility. |
PFP (PFP, LLC and PFP Dallas Converting, LLC)Word for word“The Company paid approximately $34 million using existing cash and borrowings under its revolving credit facility.” 10-K for 2018 | acquisition | — | The Company paid approximately $34 million using existing cash and borrowings under its revolving credit facility. |
Santa Clara, California coated recycled paperboard mill siteWord for word“On August 31, 2018, the Company sold its previously closed coated recycled paperboard mill site in Santa Clara, California, resulting in a gain on sale of assets of $37.1 million .” 10-K for 2018 | divestiture | On August 31, 2018, the Company sold its previously closed coated recycled paperboard mill site in Santa Clara, California, resulting in a gain on sale of assets of $37.1 million . | resulting in a gain on sale of assets of $37.1 million |
Seydaco (Seydaco Packaging Corp., National Carton and Coating Co., and Groupe Ecco Boites Pliantes Ltée)Word for word“The Company paid approximately $189 million , net of cash acquired, for the 2017 Acquisitions using existing cash and borrowings under its revolving line of credit, and assumed debt of approximately $14 million .” 10-K for 2018 | acquisition | — | The Company paid approximately $189 million , net of cash acquired, for the 2017 Acquisitions using existing cash and borrowings under its revolving line of credit, and assumed debt of approximately $14 million . |
Norgraft Packaging, S.A.Word for word“On October 4, 2017, the Company acquired Norgraft Packaging, S.A., ("Norgraft"), a leading folding carton producer in Spain focused on the food and household goods markets.” 10-K for 2018 | acquisition | On October 4, 2017, the Company acquired Norgraft Packaging, S.A. | — |
Carton Craft Corporation and Lithocraft, Inc.Word for word“On July 10, 2017, the Company acquired substantially all the assets of Carton Craft Corporation and its affiliate, Lithocraft, Inc. (collectively, "Carton Craft").” 10-K for 2018 | acquisition | On July 10, 2017, the Company acquired substantially all the assets of Carton Craft Corporation and its affiliate, Lithocraft, Inc. | — |
Renton, WA facilityWord for word“In October 2017, the Company completed the sale of its Renton, WA facility which was classified as Asset Held for Sale on December 31, 2016.” 10-K for 2018 | divestiture | In October 2017, the Company completed the sale of its Renton, WA facility | — |
Colorpak LimitedWord for word“On April 29, 2016, the Company acquired Colorpak Limited ("Colorpak"), a leading folding carton supplier in Australia and New Zealand.” 10-K for 2018 | acquisition | On April 29, 2016, the Company acquired Colorpak Limited | — |
Metro Packaging & Imaging, Inc.Word for word“On March 31, 2016, the Company acquired substantially all the assets of Metro Packaging & Imaging, Inc. ("Metro"), a single folding carton facility located in Wayne, New Jersey.” 10-K for 2018 | acquisition | On March 31, 2016, the Company acquired substantially all the assets of Metro Packaging & Imaging, Inc. | — |
Walter G. Anderson, Inc. (WG Anderson)Word for word“On February 16, 2016, the Company acquired Walter G. Anderson, Inc., ("WG Anderson") a folding carton manufacturer with a focus on store branded food and consumer product markets.” 10-K for 2018 | acquisition | On February 16, 2016, the Company acquired Walter G. Anderson, Inc. | — |
G-Box, S.A. de C.V.Word for word“On January 5, 2016, the Company acquired G-Box, S.A. de C.V., ("G-Box").” 10-K for 2018 | acquisition | On January 5, 2016, the Company acquired G-Box, S.A. de C.V., | — |
Artistic Carton CompanyWord for word“On August 1, 2019, the Company acquired substantially all the assets of Artistic Carton Company ("Artistic"), a diversified producer of folding cartons and CRB.” 10-K for 2019 | acquisition | On August 1, 2019 | — |
Letica FoodserviceWord for word“On September 30, 2018, the Company acquired substantially all the assets of the foodservice business of Letica Corporation, a subsidiary of RPC Group PLC ("Letica Foodservice"), a producer of paperboard-based cold and hot cups and cartons.” 10-K for 2019 | acquisition | On September 30, 2018 | — |
PFP, LLC and PFP Dallas Converting, LLCWord for word“On June 12, 2018, the Company acquired substantially all the assets of PFP, LLC and its related entity, PFP Dallas Converting, LLC (collectively, "PFP"), a converter focused on the production of paperboard based air filter frames.” 10-K for 2019 | acquisition | On June 12, 2018 | — |
Santa Clara coated recycled paperboard mill siteWord for word“On August 31, 2018, the Company sold its previously closed coated recycled paperboard mill site in Santa Clara, California, resulting in a gain on sale of assets of $ 37.1 million.” 10-K for 2019 | divestiture | On August 31, 2018 | — |
Seydaco Packaging Corp. and affiliatesWord for word“On December 1, 2017, the Company acquired the assets of Seydaco Packaging Corp. and its affiliates, National Carton and Coating Co., and Groupe Ecco Boites Pliantes Ltée (collectively, "Seydaco"), a folding carton producer focused on the foodservice, food, personal care, and household goods markets.” 10-K for 2019 | acquisition | On December 1, 2017 | — |
NACP CombinationWord for word“On January 1, 2018, the Company completed the NACP Combination.” 10-K for 2019 | acquisition | On January 1, 2018 | — |
| Fiscal year ended | Cash paid for acquisitions (net of cash acquired) | Goodwill from acquisitions |
|---|---|---|
| 2016-12-31 | $332.7 million | — |
| 2017-12-31 | $189.4 million | $55.4 million |
| 2018-12-31 | $89.4 million | $140.4 million |
| 2019-12-31 | $54.5 million | $12.9 million |
| 2020-12-31 | $120.6 million | $0 |
Deal filings since 2016
- 2021-05-20 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2021-05-14 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2021-04-01 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2021-03-08 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2021-03-01 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2021-02-16 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2020-08-31 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2020-08-10 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2020-03-06 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2020-01-29 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2020-01-28 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2019-06-25 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2018-01-02 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2018-01-02 Form 8-K, Item 2.01: Completion of Acquisition or Disposition of Assets
Read from Graphic Packaging International’s annual reports (10-K for 2020, 10-K for 2019, 10-K for 2018) and the financial data it files with the SEC, as of 2021-02-16. Every quotation is word for word from the filing linked beside it; how these pages are built and checked. The full record is in its company data sheet.