MELBOURNE, Australia & NEENAH, WI—Amcor Limited and Bemis Company Inc announced that their respective boards of directors have unanimously approved a definitive agreement under which Amcor will acquire Bemis in an all-stock combination. The transaction will be effected at a fixed exchange ratio of 5.1 Amcor shares for each Bemis share, resulting in Amcor and Bemis shareholders … Continued
WILMINGTON, DE—The 2015 DuPont Awards for Packaging Innovation will be remembered as the year of design as 77 percent of the winners are being honored for design excellence in enhancing the users’ experience. Canada based IPL, Inc., earned the Diamond Award, the program’s highest honor, for SkinnyPack Technology. This mono material package marries flexible and … Continued
PARSIPPANY, NJ—Catbridge is pleased to announce it has been selected by Bemis Company, Inc. as the primary vendor for its slitter rewinder recapitalization program. The multi year program will provide a significant number of new slitters to various locations. The models involved will deliver world class quality performance along with increased productivity. The machines will also … Continued
NEENAH, WI—Bemis Company, Inc. announced today that it has completed the sale of its global Pressure Sensitive Materials business (known as “MACtac”) to Platinum Equity, a California based private equity firm. The transaction was completed for a purchase price of $170 million, subject to customary post closing adjustments. The Pressure Sensitive Materials business was classified as … Continued
NEENAH, WI—Bemis Co. announced that it has reached an agreement to sell its Paper Packaging Division to Hood Packaging, headquartered in Madison, MS, and Burlington, Ontario. Closing of the deal is expected before March 31, 2014. The sale encompasses manufacturing facilities and offices in Crossett, AR; Minneapolis, MN; Onaha, NE; and Vancouver, WA.Collectively, their sales … Continued
CINCINNATI, OH—BCM Inks, along with its collaborative partner, Close the Loop, Hebron, KY have been named Gold award winners at the 25th DuPont Awards for Packaging Innovation. The announcement was made by DuPont President Bill Harvey during the awards banquet Thursday evening, May 16th at the Hotel DuPont Wilmington, DE. The DuPont Awards for Packaging … Continued
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