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Following exclusive discussions between PAI Partners and RPC for the sale of Global Closure Systems, after the consultation process with GCS’s Works Councils was completed the transaction has been signed on December 18, 2015.

Given the highly complementary nature of respective product offerings, the combination of RPC and GCS will allow GCS to pursue, intensify and accelerate the execution of its profitable growth strategy, whilst strengthening its position in Americas and in Asia, as well as in Procurement.

"I am confident that GCS business will continue to thrive within the new RPC environment", states Christian Voegeli, CEO of Global Closure Systems.

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