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March 27, 2015 6:26 PM ET

Machinery

Company Overview of SIG Combibloc Group AG

Company Overview

SIG Combibloc Group AG provides aseptic beverage cartons and packaging equipment for beverages and liquid food. The company manufactures beverage cartons for fresh and long-life food products, such as drinks, soups, desserts, and sauces, as well as supplies systems for the corresponding filling machines. It also offers solutions for the production, coating, and filling of PET bottles. Further, SIG Holding produces three-piece cans. The company provides its products to customers worldwide, primarily in the United States, Asia, and Europe. The company was formerly known as SIG Holding AG. The company was founded in 1853 and is based in Neuhausen, Switzerland. SIG Combibloc Group AG operates as...

Laufengasse 18

Neuhausen,  8212

Switzerland

Founded in 1853

Phone:

41 52 674 61 11

Fax:

41 52 674 65 56

Key Executives for SIG Combibloc Group AG

Chief Executive Officer
Age: 42
President and General Manager for Europe
Chief Financial Officer and Member of Group Executive Committee
Age: 56
Chief Operating Officer and Member of the Group Executive Committee
Age: 54
President of SIG Combibloc, Thailand, President of SIG Combibloc (Suzhou), China, General Manager for Asia Pacific of SIG Combibloc, Thailand and General Manager for Asia Pacific of SIG Combibloc (Suzhou), China
Compensation as of Fiscal Year 2014.

SIG Combibloc Group AG Key Developments

Investors Reportedly Eye SIG Combibloc

Clayton, Dubilier & Rice, Inc. (‘CD&R’); CVC Capital Partners Ltd. (‘CVC’); Kohlberg Kravis Roberts & Co. (NYSE:KKR) (‘KKR’); and The Blackstone Group L.P. (NYSE:BX) (‘Blackstone’) have held talks with advisers about potential deal to acquire SIG Combibloc Group AG (‘SIG’) from Rank Group Investments Limited, according to five persons who asked not to be identified because the talks are private. Blackstone and CVC Capital are considering bids of about $5 billion, according to people with knowledge of the matter. Rank Group appointed Goldman Sachs Group, Inc. to examine options for the company earlier this year. First round offers are due in September and the private-equity firms are expected to form groups with each other, or third parties, to bid for the company, the people said. According to Bloomberg, spokesmen for Blackstone, CVC, CD&R and KKR declined to comment and officials at SIG didn’t respond to telephone and e-mailed requests seeking comment.

SIG Reports Unaudited Earnings Results for the Second Quarter and Six Months Ended June 30, 2013

SIG reported unaudited earnings results for the second quarter and six months ended June 30, 2013. Revenue increased by $40 million, or 8%, to $560 million for the three month period ended June 30, 2013 compared to $520 million for the three month period ended June 30, 2012. The increase in revenue was attributable to $31 million as a result of a combination of higher sales volume and product mix and a favorable foreign currency impact of $9 million. Profit from operating activities, EBITDA and adjusted EBITDA for the three month period ended June 30, 2013 were $74 million, $116 million and $123 million, respectively, compared to $53 million, $102 million and $120 million, respectively, for the three month period ended June 30, 2012. Revenue increased by $87 million, or 9%, to $1,074 million for the six month period ended June 30, 2013 compared to $987 million for the six month period ended June 30, 2012. The increase in revenue was attributable to $76 million from a combination of higher sales volume and product mix and a favorable foreign currency impact of $11 million. Profit from operating activities, EBITDA and adjusted EBITDA for the six month period ended June 30, 2013 were $172 million, $264 million and $249 million, respectively, compared to $89 million, $200 million and $228 million, respectively, for the six month period ended June 30, 2012.

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