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 TypeDeal StatusTarget (s)Deal DateInvestor(s)Seller(s)Deal size (Mn)Enterprise value (Mn)Post-money valuation (Mn)EBITDA multiple (x)Revenue multiple (x)Lead partner (s)
BuyoutCompletedRING Container Technologies, Inc-

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