the packaging side of CHH since October 2010. In April 2014, CHH announced the sale of its Pulp, Paper & Packaging business to a Japanese consortium for NZ$1.037 billion, with the deal closing in the second half of 2014. Reynolds Packaging Group In 2008 Hart paid US$2.7 billion for Alcoa (AA) Packaging & Consumer group. He spun off the company and renamed it Reynolds Packaging Group, which is now headquartered in Lake Forest, Illinois, USA. While this business is within the packaging industry, it is not paper packaging related, being mostly in the aluminium foil and plastic closure business. Since the purchase from Alcoa, Hart has cut more than 20% of the workforce within Reynolds, mostly through plant shutdowns, including the flagship Reynolds Wrap Foil Plant in Richmond, Virginia and restructuring efforts. This has resulted in significant savings and profit margin jump for the company, allowing him to issue more debt on behalf of the company in October 2009 and get a high return on his initial investment. In November 2009 and May 2010, Hart, through additional debt financing has combined the packaging groups he owns into Reynolds Group Holdings Limited. RGHL is the combination of four operating segments: SIG (a beverage packaging manufacturer headquartered in Zurich), Closure Systems International (a plastic bottle cap manufacturer headquartered in Indianapolis), Evergreen Packaging (a beverage packaging manufacturer headquartered in Memphis), and Reynolds Consumer Products (an aluminium foil and other packaging materials manufacturer) located in Lake Forest, Illinois. While the operations are spread around the world, the RGHL corporate headquarters are located in the same office building as Reynolds Consumer Products in Lake Forest, Illinois. On 17 June 2011, Reynolds Group Holdings announced its intention to acquire all of the outstanding stock of Graham Packaging Company, Inc, headquartered in York, Pennsylvania. The acquisition was completed on 8 September 2011 for $25.50 per share (in cash), for a total enterprise value, including net debt, of approximately US$4.5 billion. This acquisition increased Rank's growing profile in the US. Earlier in 2011, it agreed to buy the automotive consumer business of Honeywell International (the FRAM group) for US$950 million. In March 2015 Reynolds Group Holdings completed the sale of SIG to Onex Corporation. Walter & Wild Since 2018, Hart and his son Harry have been the majority shareholders in Walter & Wild, a holding company specialising in New Zealand food brands including Alfa One, Aunt Betty's, Greggs,