Genstar Capital LLC is buying Pretium Packaging LLC for an undisclosed amount.
Chesterfield, Mo.-based Pretium manufactures plastic containers for the food and specialty beverage, private label, pharmaceutical, personal care and household sectors.
San Francisco private equity firm Genstar focuses on investing in industrial technology, software, financial services and health care companies. The firm has more than $3 billion in committed capital under management. In June 2013 the firm agreed to sell clinical-research company PRA International to Kohlberg Kravis Roberts & Co. LP (NYSE: KRR).
Weil Gotshal & Manges LLP acted as Genstar's legal counsel for the deal.
The transaction follows several other packaging deals, including Pritzker Group Private Capital's acquisition of packaging group Technimarkin April, and Griffin Holdings LLC's purchase of Tufco Technologies, which makes wipes and packaging.