date:Jul 05, 2012
ovide our existing customers with product line extensions that offer convenient, on-the-go capabilities makes it an excellent fit within the Silgan suite of products, Allott added.
The transaction is expected to be neutral to Silgan's earnings in 2012 primarily due to the initial write-up of inventory required for accounting purposes, and modestly accretive to earnings in 2013 based on current growth expectations.
The deal, which is subject to certain customary conditions and regulatory approval