Sterling acquires Liqui-Box from Dupont

Sterling acquires Liqui-Box from Dupont

2:32 AM, 3rd January 2012
Sterling acquires Liqui-Box from Dupont

 

HOUSTON, US: The Sterling Group announced that its affiliated investment fund, Sterling Group Partners III, LP, has completed the acquisition of the Liqui-Box Corporation from DuPont. Liqui-Box is a specialty packaging, filling and dispensing systems used in the processed food and beverage, pharmaceutical, and specialty chemical industries. The acquisition is Sterling’s third investment in its third fund, an $820 million fund raised in 2010.

“The entire Liqui-Box team is energized to partner with Sterling who has a proven track record of successfully transitioning unique, specialty businesses like ours to more nimble, stand alone companies and equipping them for future growth. We look forward to executing on a number of initiatives to expand our business and enhance our delivery of top quality products to our customers,” said Roszann Graham, CEO, Liqui-Box.

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