BOSTON, June 2, 2005 – KCP Income Fund completed the acquisition of the North American Custom Manufacturing Division of CCL Industries for a purchase price of approximately US$215 million. Including the acquisition of Custom, KCP is one of North America's largest custom manufacturers of consumer products in the laundry, household cleaners, over the counter medicated and health and beauty care categories for both brand name and retailer brands.
Goodwin Procter represented KCP as U.S. counsel in their initial public offering as an income trust in 2002. The firm also represented KCP as U.S. counsel in connection with their follow-on offering which was used to finance the acquisition of the Custom Manufacturing Division of CCL Industries.
The partners at Goodwin Procter who represented the Fund as U.S. counsel in this matter are William Whitledge, Laura Hodges Taylor, Samuel Richardson and Jon Schneider.