Debevoise Advises Reynolds Group and CSI in Cerberus Capital Management’s Acquisition of CSI Businesses and Facilities from Reynolds Group

14 October 2019

Debevoise & Plimpton LLP is advising Reynolds Group Holdings Limited (“Reynolds Group”) and Closure Systems International (“CSI”) in connection with Cerberus Capital Management’s acquisition, through an affiliate, of CSI’s North American, Costa Rican and Japanese businesses and related facilities from Reynolds Group. For more information, please read the company press release.

Reynolds Group is a leading global manufacturer and supplier of consumer beverage and foodservice packaging products. CSI is a global leader in closure design, manufacturing, and high-speed application systems. Cerberus is a global leader in alternative investing with over $40 billion in assets across complementary credit, private equity, and real estate strategies.

The transaction was led by M&A partner Kevin Schmidt and included counsel Stuart Hammer and associates Benjamin Collins-Wood, Jordan Corrente Beck, James Lawrence Harrington and Vishaal Sharma, finance partner Sunil Savkar and counsel Christopher Rosekrans, tax partner Michael Bolotin and associate Molly Klinghoffer, benefits counsel J. Michael Snypes Jr., IP partner Jeffrey Cunard and associate Tigist Kassahun and antitrust partners Ted Hassi and Timothy McIver.   

Debevoise & Plimpton LLP is a premier law firm with market-leading practices, a global perspective and strong New York roots. We deliver effective solutions to our clients’ most important legal challenges, applying clear commercial judgment and a distinctively collaborative approach.