PACKAGING BRIEFS Tuesday, Feb. 8PACKAGING BRIEFS Tuesday, Feb. 8
January 29, 2014
Selig Sealing Products buys European flexible packaging business
Selig Sealing Products, a leading manufacturer of tamper-evident cap and closure lining material, has acquired ISCO Jacques Schindler & Co. AG., a privately held business based in Niederglatt, Switzerland. Established in 1937, ISCO has a leader in specialized laminated films for use in container sealing and for use in a variety of applications in the food industry.
Container and Pooling Solutions (CAPS) sold to Brambles
Brambles Ltd. has acquired Container and Pooling Solutions (CAPS), a USA-based provider of intermediate bulk containers (IBCs) and automotive containers, for US$16.4 million from LF Capital Partners, a private equity fund of Lazard Alternative Investments LLC. Brambles is a provider of supply chain and information management solutions through its two primary businesses, CHEP and Recall. Brambles employs more than 12,000 people in 47 countries.
Spanish supermarket taps bakery Smartbox
For its in-store bakery, Spanish retailer Alcampo has placed an order for the new LINbake SmartBox from Linpac Packaging. Custom made in two sizes and styles, and with Alcampo colors, the SmartBox gives shoppers a clear view of the product for maximum presentation on shelves. Easy and quick to construct, the LINbake SmartBox is supplied as a flat-pack with stacked lid for efficient storage.
Huntsman appoints new president for Performance Products Div.
Huntsman Corp. has named Stu Monteith president of its Performance Products division. He replaces Daniele Ferrari who has resigned to pursue other business opportunities. Monteith most recently served as the division's vp for global markets and business development. He joined Huntsman in 1994 and has more than 30 years of experience in the chemical industry.
FLEXcon launches new subsidiary
FLEXcon, a leading manufacturer of pressure-sensitive films and adhesives, has agreed to buy the business assets of the graphics division of Arlon Inc. of Santa Ana, California, to form a company named Arlon Graphics LLC, a new, wholly-owned subsidiary of FLEXcon.
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