RING Container Technologies, Inc
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RING Container Technologies, Inc - overview
Established
1968
Location
-, TN, US
Primary Industry
Materials
About
Ring Container Technologies is a company focused on providing innovative plastic packaging solutions, specializing in containers made from PET and HDPE for various industries, particularly food and beverage. Founded in 1968 and headquartered in Oakland, US, Ring Container Technologies develops and manufactures packaging solutions. It acquired a notable investment in September 2017 when MSD Partners agreed to acquire the company, with the transaction completing in the fourth quarter of 2018. The CEO, Brian Smith, leads the company, which has been pivotal in enhancing packaging technology.
Ring Container Technologies specializes in innovative plastic packaging solutions, primarily focusing on containers made from PET (polyethylene terephthalate) and HDPE (high-density polyethylene). Their offerings include products like BarrierGuard, HotLock, and SmartCAN, which cater to manufacturers, retailers, and consumers in the food and beverage sectors. They serve clients such as Bay Valley Foods, Bunge, Cargill, ConAgra Brands, Hormel, and Ventura Foods, demonstrating a significant presence in North America. Ring Container Technologies operates on a B2B model, generating revenue through direct sales of its packaging solutions tailored to the food and beverage industry.
Their pricing structure is customized per client based on the specific needs and sustainability goals of each partnership, emphasizing long-term relationships and consistent supply to their clients. Looking ahead, Ring Container Technologies aims to expand its product line and market reach. Their recent initiatives include developing new packaging solutions that enhance product performance, scheduled for launch in the coming years. The company is targeting expansion into additional North American markets to meet growing demand.
The acquisition by MSD Partners will aid in these growth strategies by providing the necessary capital and resources to support new product development and market entry efforts.
Current Investors
BDT & MSD Partners
Primary Industry
Materials
Sub Industries
Packaging, Rubber & Plastics
Website
www.ringcontainer.com
Verticals
Manufacturing
Company Stage
Mature - Buyout
Total Amount Raised
Subscriber access only
RING Container Technologies, Inc - 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) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Buyout | Completed | RING Container Technologies, Inc | - |
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