Consolidated Container Co. said it will be acquired by affiliates of Bain Capital Partners LLC, a private investment firm headquartered in Boston.
Terms of the transaction are not being disclosed.
Based in Atlanta, Consolidated Container develops and manufactures rigid plastic packaging for customers in the dairy, water, beverage, food, household chemical, automotive, and industrial chemical markets. The company has 59 manufacturing facilities and 2,100 employees.
Bain Capital is purchasing privately held Consolidated Container from Vestar Capital Partners, a private equity firm, and other investors. Vestar has offices in New York, Denver, and Boston.
The transaction is expected to close during the third quarter.