Berry Plastics' Kits and Catering business
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Berry Plastics' Kits and Catering business - overview
Established
1967
Location
Evansville, IN, US
Primary Industry
Packaging
About
Berry Global specializes in delivering innovative plastic packaging solutions, serving diverse industries like food and beverage, agriculture, and healthcare with a commitment to sustainability and recycling. Berry Global operates within the plastic packaging sector, focusing on various industry needs. The company was founded in 1967 and is headquartered in Evansville, US. In September 2013, Waddington North America, a portfolio company of Olympus Partners, completed the acquisition of Berry Plastics' Kits and Catering division.
The financial details of this deal were not disclosed. Berry Global specializes in providing innovative plastic packaging solutions that cater to a wide array of industries, including agriculture, food and beverage, healthcare, and personal care. The company’s core offerings encompass a diverse range of products such as flexible films, rigid containers, and custom packaging solutions engineered to meet specific customer needs. Berry Global’s products are designed to enhance product protection, optimize shelf life, and promote recycling, aligning with sustainability goals.
Their flagship innovations include the Silotite Film&Film, specifically designed for agricultural applications to improve silage production efficiency, and packaging solutions made from 100% recycled plastics for brands like Nestlé Purina PetCare. Berry Global serves a global customer base that includes large retailers and manufacturers across North America, Europe, Asia-Pacific, and Latin America, addressing various market demands while emphasizing local production capabilities for smaller clients. Berry Global reported net sales of USD 2. 5 bn for the second quarter of 2025.
The company engages in B2B transactions focused on long-term partnerships and contract sales, involving bulk orders from large retailers and manufacturers, as well as customized solutions for smaller businesses. Revenue is primarily generated through direct sales of their extensive product portfolio, including trademarked items such as their Silotite agricultural films and other sustainable packaging solutions. The transaction structure emphasizes a streamlined approach where clients place orders based on specific requirements, fulfilled through Berry Global’s vast manufacturing and distribution network. The company’s financial health is supported by its commitment to sustainability, resonating with clients and consumers alike.
Berry Global is strategically positioned for future growth through several initiatives. The company aims to design and launch new products, enhancing its existing portfolio, although specific release dates are not provided. Plans are in place to expand into new geographic markets, particularly targeting regions in North America and Europe, by 2025. The recent acquisition of Berry Plastics' Kits and Catering division in September 2013 is expected to bolster these initiatives, as the integration into Waddington North America provides additional resources and market reach.
Current Investors
Olympus Partners, Waddington North America, Inc.
Primary Industry
Packaging
Sub Industries
Packaging
Website
www.berryplastics.com
Verticals
Manufacturing
Company Stage
Add-on
Total Amount Raised
Subscriber access only
Berry Plastics' Kits and Catering business - deals
| Deals Type | Deal Status | Target (s) | Deal Date | Investor(s) | Seller(s) | Deal size (Mn) | Enterprise value (Mn) | Post-money valuation (Mn) | EBITDA multiple (x) | Revenue multiple (x) | Lead partner (s) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Add-on, Trade Sale | Completed | Berry Plastics' Kits and Catering business | - |
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