Kirkland Advises CD&R on Acquisition of Sealed Air
Kirkland & Ellis is advising private investment firm CD&R on a definitive agreement to acquire Sealed Air Corporation (NYSE: SEE), a global provider of food and protective packaging solutions, in an all-cash transaction with an enterprise value of $10.3 billion. Under the terms of the agreement, Sealed Air stockholders will receive $42.15 in cash per share. The transaction, which has been unanimously approved by Sealed Air’s Board of Directors, is expected to close in mid-2026, subject to the receipt of stockholder approval, regulatory clearances, and the satisfaction of other customary closing conditions.
Read the transaction press release
The Kirkland team includes corporate lawyers David Klein, Kyle Elder, Brett Nelson, Kamilya Jumagulova and Richard Campbell; executive compensation lawyers Rohit Nafday and Karsten Busby; tax lawyers Mike Carew and Nicholas Warther; environmental transaction lawyer Michael Saretsky; and technology and IP transactions lawyers Aaron Lorber and Bernadette Coppola.
