Bill Young, founder and CEO of Plastipak, said: "We look forward to a new partner in the form of GSCP as we execute our strategic vision for providing the best products and services to our clients and continuing to build out our global footprint."
Henry Cornell of Goldman Sachs Capital Partners said: "Plastipak has an industry-leading management team and a world-class product portfolio.
"We look forward to working alongside the company's current executives and the Young Family to continue to drive growth globally."
Plastipak will continue to be run and owned by the Young Family, who still holds the majority stake.
