Bennamon Industries mops up final Pact Group shares at $1.10 each

The signal: Bennamon Industries is purpose-built as an investment vehicle for acquiring public packaging companies, and mopping up Pact Group's final minority shares completes a textbook take-private playbook. With Pact Group — a late-growth-stage business focused on circular economy practices including reuse and recycling — now fully under corporate ownership, the acquirer gains unencumbered control over a strategic asset at a time when packaging firms face mounting regulatory pressure to invest heavily in sustainability infrastructure.

Read more: propack.pro