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Kelso Acquires Silver Spur to Strengthen Investments in Speciality Packaging Solutions
Monday 17 May 2021

Funds managed by New York-based private equity investor Kelso and Company have acquired California-based speciality glass and plastic packaging provider Silver Spur Corp. to strengthen Kelso's existing investments in US packaging products distributors C.L. Smith and Inmark, the company said.

Financial terms of the private transaction were not disclosed.

The combination of Silver Spur with C.L. Smith and Inmark will improve product availability, expand geographic and end market coverage.

Loeb and Loeb LLP served as legal advisor to Kelso.

Mesirow served as financial advisor to Silver Spur. Proskauer Rose LLP served as legal advisor to Silver Spur.

Silver Spur supplies a speciality portfolio of high-quality glass and plastic bottles, jars, caps, and closures to a variety of end markets.
Date Published: 17/05/2021