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Freshfields advises Berry Global on the recommended cash acquisition of RPC Group

Freshfields Bruckhaus Deringer LLP (‘Freshfields’) is advising Berry Global Group, Inc. (‘Berry’) on its recommended all-cash offer for RPC Group plc (‘RPC’) listed on the London Stock Exchange.

Berry is a Fortune 500 global manufacturer and marketer of plastic packaging products, with 140 facilities and approximately 24,000 employees across the world. It is listed on the New York Stock Exchange under the symbol “BERY”.

RPC is a leading international design and engineering company of plastic products for both packaging and selected non-packaging markets.  

RPC announced today that it has withdrawn its recommendation of an offer made on 23 January 2019 by Rome Bidco UK Limited (a company formed on behalf of funds managed by Apollo Management IX, L.P.), in order to recommend Berry’s offer. 

The acquisition values RPC at approximately £3.3bn and is conditional on the receipt of antitrust, shareholder and court approvals.  It is expected to close early in the third quarter of 2019.  

The Freshfields team is being led by partners Piers Prichard Jones and Alison Smith and senior associate Richard Johnson.  

ENDS

Notes for editors

About Freshfields Bruckhaus Deringer LLP

Freshfields Bruckhaus Deringer LLP is a global law firm with a long-standing track record of successfully supporting the world's leading national and multinational corporations, financial institutions and governments on ground-breaking and business-critical mandates. Our 2,800 plus lawyers deliver results worldwide through our own offices and alongside leading local firms.  Our commitment, local and multi-national expertise and business know-how our clients rely on us when it matters most.
 

The Freshfields team was led by: