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Angelo, Gordon & Co.'s Net Lease Group Completes $34.3 Million Sale-Leaseback with Consolidated Container Company.

Publication: Business Wire
Publication Date: 16-DEC-08
Format: Online
Delivery: Immediate Online Access
Full Article Title: Angelo, Gordon & Co.'s Net Lease Group Completes $34.3 Million Sale-Leaseback with Consolidated Container Company.(Company overview)

Article Excerpt
NEW YORK -- Angelo, Gordon & Co.'s ("Angelo Gordon") dedicated Net Lease Group ("AG Net Lease") announced today that it acquired five of Consolidated Container Company's ("CCC") manufacturing and distribution facilities located in Santa Ana, CA, Tracy, CA, Baltimore, MD, Elizabeth, NJ, and Monroe, NJ for $34.3 million. CCC is a portfolio company of New York-based Vestar Capital Partners.

Consolidated Container Company, which was formed in 1999, is a leading North American developer, manufacturer and marketer of rigid plastic containers for many of the largest branded consumer products and beverage companies in the world. CCC has long-term customer relationships with many blue-chip companies, including Dean Foods, Nestle Waters North...

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