Credit Suisse has scooped its second advisory mandate in three months from Rexam after being hired to work on the UK packaging group's record $1.8bn (€1.4bn) purchase of a US business.

Rexam revealed in a statement today it has struck a deal with US rival Owens-Illinois to buy O-I Plastics, and is taking advice on the purchase from Credit Suisse, alongside its joint brokers ABN Amro Hoare Govett and Citigroup.