- New company formed as KPS Capital Partners completes its acquisition of Crown 
Holdings Inc.'s EMEA food and consumer packaging business . 

-- Global packaging firm Eviosys has been formed to deliver smart, sustainable 
packaging solutions for its customers.

-- The new brand name Eviosys derives from the Greek word for 'sustainable' and 
will harness 200 years of packaging expertise to expand its industry-leading 
position and deliver future growth.

-- Packaging industry executive, Tomas Lopez, will lead the Company as its new 
Chief Executive Officer.

-- KPS Capital Partners, LP, a leading global private equity firm, brings a 
wealth of industry experience as Eviosys' new owner, having built world-class, 
industry-leading manufacturing and industrial companies for nearly three 
decades.

Eviosys (the "Company"), a leader in the metal packaging industry with 
innovation and sustainability at its core, launches today as a newly formed, 
independent company. The business is Europe's largest manufacturer of steel and 
aluminium food packaging, with hundreds of global and regional food and 
consumer product customers. 

Eviosys will focus on unique, smart packaging solutions by combining a rich 
heritage with an enhanced, market-leading focus on innovation, research and 
development.  Sustainability is at the heart of Eviosys, which has a product 
portfolio centred on 100% recyclable metal substrates.  The Company will 
champion the evolution of truly sustainable packaging, developing solutions for 
its customers that help them meet their sustainability goals while also 
protecting the planet, people and communities.

Eviosys, with seven design studios and three laboratories across Europe, will 
continue its leadership role in smart packaging solutions by offering exciting, 
innovative ways to help customers differentiate from the competition and 
harness opportunities for growth.

Eviosys has the largest manufacturing footprint in the region, with 6,300 
employees in 44 manufacturing facilities across 17 countries in Europe, the 
Middle East and Africa (EMEA).  With its strategically located manufacturing 
facilities, Eviosys will continue its commitment to uncompromising product 
quality, preserving products and promoting the reputation of local and 
international brands in over 100 countries worldwide.

Tomas Lopez, an industry executive with decades of experience leading packaging 
businesses, will lead Eviosys as its new Chief Executive Officer.  Mr. Lopez 
previously served as CEO of Mivisa prior to its acquisition by Crown Holdings 
in 2014. 

Tomas Lopez, CEO, said: "This is an incredibly exciting moment for the 
packaging industry. Eviosys combines 200 years of experience in preserving 
products and promoting brands, with a future focus on innovating to protect the 
planet. With the business's extensive footprint across EMEA, the launch of 
Eviosys means a true step-change for the entire industry that will lead to 
smart, sustainable packaging for all."

Olivier Aubry, SVP Sales and Marketing, added: "With our focus on smart 
sustainable packaging, Eviosys will take a confident step towards making 
products fit for our customers, end consumers and the planet.  That means 
clever design solutions and uncompromising quality, with sustainability at the 
very heart."

About Eviosys
Headquartered in Zug, Switzerland, Eviosys is a leading global supplier of 
metal packaging, producing food cans and ends, aerosol cans, metal closures and 
promotional packaging to preserve the products of hundreds of consumer brands. 

Eviosys has the largest manufacturing footprint in the region, with 6,300 
employees in 44 manufacturing facilities across 17 countries in Europe, the 
Middle East and Africa (EMEA). In 2020, it generated EUR 1.9 billion in 
revenue. Eviosys is a portfolio company of KPS Capital Partners, LP.

For more information, visit www.eviosys.com. 

About KPS Capital Partners
KPS, through its affiliated management entities, is the manager of the KPS 
Special Situations Funds, a family of investment funds with over $12.8 billion 
of assets under management (as of March 31, 2021). For nearly three decades, 
the Partners of KPS have worked exclusively to realize significant capital 
appreciation by making controlling equity investments in manufacturing and 
industrial companies across a diverse array of industries, including basic 
materials, branded consumer healthcare and luxury products, automotive parts, 
capital equipment and general manufacturing. 

KPS creates value for its investors by working constructively with talented 
management teams to make businesses better, and generates investment returns by 
structurally improving the strategic position, competitiveness and 
profitability of its portfolio companies, rather than primarily relying on 
financial leverage. 

The KPS Funds' portfolio companies have aggregate annual revenues of 
approximately $13.5 billion, operate 156 manufacturing facilities in 23 
countries, and have approximately 40,000 employees, directly and through joint 
ventures worldwide (as of March 31, 2021, pro forma for recent acquisitions). 
The KPS investment strategy and portfolio companies are described in detail at 
www.kpsfund.com. 

SOURCE Eviosys