Loews Corporation Acquires Atlanta-based Consolidated Container Company
Staff Report From Metro Atlanta CEO
Tuesday, May 23rd, 2017
Loews Corporation announced that it has completed its acquisition of Consolidated Container Company, a leading rigid plastic packaging manufacturer based in Atlanta, GA.
CCC provides packaging solutions to stable consumer end markets such as beverage, food and household chemicals. With a network of manufacturing locations across the United States, CCC reliably provides quality products to its customers. The $1.2 billion acquisition, subject to customary purchase price adjustments, was funded with approximately 50 percent cash-on-hand and 50 percent debt at CCC.
