Reynolds Group Holdings Limited to Acquire Reynolds Food and Flexible Packaging Group of Companies

On September 1, 2010, Reynolds Group Holdings Limited (âRGHLâ) acquired the Reynolds Food and Flexible Packaging group of companies from Reynolds Packaging (NZ) Limited, a New Zealand company which is ultimately owned by the owner of the RGHL, Mr. Graeme Hart. The consideration for the acquisition was approximately US$300 million subject to adjustments in certain circumstances. The consideration was financed from the existing cash reserves of the RGHL group of companies.More info:www.reynoldsgroupholdings.com