Private Equity Firm Buys Packaging Business From DuPont

Sterling Group Partners (Houston), a private equity firm, has purchased Liqui-Box Corporation (Worthington, OH) from DuPont for an undisclosed sum. Liqui-Box makes bag-in-box flexible packing for use in the dairy, beverage and bulk food sectors.   Liqui-Box is the fourth business Sterling Group has acquired from DuPont. It is the firm’s third investment in its third, $820-million, fund, which was raised in 2010. BMO Capital Markets and BNP Paribas provided senior debt for the deal, with Oaktree Capital providing mezzanine debt.   Sterling Capital...

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