Silgan acquires Nestle Purina steel can manufacturing assets.
September 6, 2011
by Canadian Packaging Staff
Silgan Holdings Inc., a leading supplier of rigid consumer goods packaging products, has announced that it has completed the US $25-million acquisition of Nestlé Purina PetCare Company‘s steel can making assets for its pet food products and in connection with the acquisition has entered into a long-term supply agreement with the company.
“We are very excited to expand our partnership with Nestlé, one of our largest customers,” says Tony Allott, president and chief executive officer of Silgan. “This transaction enhances our market leading position in food cans, allowing us to further leverage our broad manufacturing platform to continue to provide competitive advantage to customers such as Nestlé.”
While not providing details, Silgan did note that it has a long-term supply deal with Nestle Purina PetCare Co.
Nestlé Purina PetCare Company is the pet food division of Swiss-based Nestlé S.A., following its acquisition of the American Ralston Purina Company on December 12, 2001 and subsequent merger with Nestlé’s Friskies PetCare Company.
Silgan Holdings is a leading supplier of rigid packaging for consumer goods products with annual net sales of approximately US$3.1 billion in 2010. Silgan operates 83 manufacturing facilities in North and South America, Europe and Asia. Silgan is a leading supplier of metal containers in North America and Europe, and a leading worldwide supplier of metal, composite and plastic vacuum closures for food and beverage products. In addition, Silgan is a leading supplier of plastic containers for personal care products in North America.
For more information, visit www.silgan.com.