Clayton, Dubilier & Rice (“CD&R”) and MAUSER Group (“MAUSER”) announced today that funds managed by CD&R have completed the previously-announced acquisition of MAUSER, one of the world;s leading industrial packaging companies. The transaction was valued at approximately €1.2 billion. Additional terms were not disclosed.

With 2013 revenues of €1.2 billion, MAUSER manufactures and supplies plastic and steel drums and intermediate bulk containers (“IBCs”) for the chemical, industrial and food and beverage industries, among others. The company is also the leading provider of reconditioning services for used plastic drums and IBCs of all products. MAUSER;s 4,400 employees operate 57 production facilities across 18 countries in Europe, North America, Latin America and Asia.