KPS Capital Exits Anchor Glass

12/7/16

KPS Capital Partners has sold its portfolio company Anchor Glass, according to an announcement on the private equity firm’s site. The buyer is Ocelot Acquisition Inc, newly formed by CVC Capital Partners and BA Glass B.V. Although no financial terms were disclosed, a previous PE HUB report on the transaction pegged it at over $1 billion. Anchor Glass is a glass packaging provider.

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