Atlanta, GA – May 30, 2012 – Consolidated Container Company (CCC), a leading developer and manufacturer of rigid plastic packaging solutions in North America, today announced it will be acquired by affiliates of Bain Capital Partners LLC, a global private investment firm. Terms of the definitive agreement to purchase the privately held business from Vestar Capital Partners and its other investors were not disclosed. The transaction is expected to close during the third quarter of 2012.

Consolidated Container Company specializes in customized mid- and short-run packaging solutions serving a diverse customer base in the dairy, water, beverage, food, household chemical, automotive, and industrial chemical markets. With 59 manufacturing facilities and 2,100 employees, CCC has an integrated, nationwide network of manufacturing and service locations to deliver reliable and cost-effective packaging solutions to meet the needs of a wide range of customers and markets.

“We are very proud of the customer solutions we provide, and of our ability to understand and respond to the needs of customers with innovative solutions and reliable processes,” said Jeffrey Greene, Chief Executive Officer of Consolidated Container Company. “With the support and resources of Bain Capital, we are excited to continue to expand our capabilities and customer base through investment in product development, technology, greenfield facilities and acquisitions.”

“We are very excited to be partnering with CCC and its management team to support the company in its future growth,” said Seth Meisel, a Managing Director at Bain Capital. “We are impressed by the success CCC has demonstrated in offering solutions that deliver a high level of customer satisfaction, its industry-leading design and R&D capabilities, and its well-run manufacturing network.”

“Over the past several years, CCC has made significant progress developing clear leadership positions in its core North American markets,” said James P. Kelley, a Managing Director, Vestar Capital Partners. “We are grateful for management’s commitment and value our partnership with them. Bain Capital’s new investment will enable CCC to build on its progress.”

Consolidated Container Company was advised by BofA Merrill Lynch and Barclays, and legal advisors were Simpson Thacher & Bartlett LLP.

About Consolidated Container Company

Consolidated Container Company is a leading developer and manufacturer of rigid plastic packaging, serving a diverse customer base in the dairy, water, beverage, food, household chemical, automotive, and industrial chemical markets. CCC designs, produces, and delivers more than four billion bottles annually that touch the lives of millions of people each and every day. CCC owns and operates manufacturing facilities across North America providing standard and custom packaging solutions to our customers through an integrated network of facilities and technology platforms. From its state-of-the art Panella Engineering and Development Center to our team of manufacturing associates, CCC delivers high performance, cost-effective design solutions to meet even the most challenging container applications. For more information on Consolidated Container Company, visit

About Bain Capital Partners

Bain Capital, LLC ( is a global private investment firm that manages several pools of capital including private equity, venture capital, public equity, high-yield assets and mezzanine capital with approximately $60 billion in assets under management. Bain Capital has a team of over 300 professionals dedicated to investing and to supporting its portfolio companies. Since its inception in 1984, Bain Capital has made private equity investments and add-on acquisitions in over 450 companies in a variety of industries around the world. The firm has offices in Boston, Palo Alto, New York, Chicago, London, Munich, Tokyo, Shanghai, Hong Kong and Mumbai.

About Vestar Capital Partners

Vestar is a leading private equity firm specializing in management buyouts and growth capital investments. Vestar’s active funds aggregate approximately $8 billion in commitments. The firm targets companies in North America with valuations of $150 million to $1.5 billion in four key industry sectors: Consumer, Diversified Industries, Healthcare, and Financial Services. Vestar invests and collaborates with incumbent management teams, family owners or corporations in a creative, flexible and entrepreneurial way to build long-term franchise and enterprise value. Since the firm’s founding in 1988, the Vestar funds have completed 69 investments in companies with a total value of more than $30 billion. For more information, please visit Vestar’s website at


For Consolidated Container Company
Richard Sehring
(678) 742-4619
[email protected]

For Bain Capital Partners
Stanton Public Relations & Marketing
Alex Stanton
(212) 780-0701
[email protected]

For Vestar Capital Partners
Owen Blicksilver Public Relations
Carol Makovich
(203) 940- 2257
[email protected]

Jennifer Hurson
(845) 507-0571
[email protected]