Onex has completed its €3.75 billion buyout of SIG Combibloc. Employing over 5,100 people, SIG is a provider of aseptic packaging machines and cartons. It serves beverage and food producers in more than 40 countries with products like sleeves and closures. The deal consisted of a €3.58 billion payment, as well as an additional €175 million payable based on the company's financial performance in 2015 and 2016. Onex and certain LPs invested approximately $1.2 billion, with Onex's equity coming from its Partners IV vehicle, which closed last May with over $5.6 billion in capital.