Silgan Holdings Acquires Amcor White Cap

On March 3, 2003, Amcor Limited of Melbourne, Australia, sold its 65 per cent interest in Amcor White Cap, LLC of Chicago to its 35 per cent joint venture partner, Silgan Holdings Inc. of Stamford, Connecticut, for US$37.1 million plus the repayment of approximately US$90 million of debt. The main production assets of the joint venture comprised four plants manufacturing metal closures in the U.S., two U.S. facilities producing plastic closures and one Mexican plant with both metal and plastic capabilities. Amcor is a leading global packaging company and Silgan is a leading North American manufacturer of consumer goods packaging products.

Silgan was represented in-house by Frank Hogan, III, senior vice-president, general counsel and secretary; by Pillsbury Winthrop LLP with a team led by Robert Rawn in Stamford, and assisted by Kent Nevins, Donald Riccitelli, Cozata Solloway, Matthew Frost and Todd Hand in Stamford, James Chudy and Jon Whitney in New York and Aileen Meyer in Washington, D.C.; and by Eloy Barbara de Parres and Rodrigo Valverde of Curtis, Mallet-Prevost, Colt & Mosle LLP in Mexico City.

Amcor was represented by Davies Ward Phillips & Vineberg LLP, with a team led by Peter Mendell in Montreal, and assisted by Steve Levin, Denis Frawley, David McKinney, Jennifer Toone and Corinne Weissberg in New York.