Genstar Capital, a leading private equity firm focused on investments in targeted segments of the industrial technology, healthcare, financial services and software industries, has announced the sale of Pretium Packaging, a leading North American manufacturer of rigid plastic containers and closures, to Clearlake Capital Group L.P.
Pretium is a leading provider of custom, high performance rigid plastic bottles and containers, serving customers in the food and specialty beverage, healthcare, sports nutrition, personal care, beauty, and household products end markets. Pretium’s multi-use packaging solutions are based primarily on PET, HPDE and polypropylene resin, with a wide-array of options including up to 100% post-consumer recycled material content, making it a leading choice for customers focused on sustainability.