PAC Strapping Products Inc. & US Strapping Company Inc sold
By Canadian Packaging staffGeneral Plastic FROMM Canada FROMM Holding AG PAC Strapping Products Inc. strapping company acquistion US Strapping Company Inc.
FROMM Holding AG of Switzerland acquires PAC Strapping Products Inc. of Pennsylvania and US Strapping Company of South Carolina.
FROMM Holding AG, Switzerland has recently acquired American companies PAC Strapping Products Inc. of Exton, PA, and US Strapping Company Inc. of Lancaster, South Carolina.
These two companies are full service manufacturers and providers of polyester and polypropylene plastic strapping, corded polyester strapping, steel strapping, strapping machines, strapping tools and accessories—all of which are used for the packaging and securement of products in all manufacturing and service industries in the global market.
The PAC Strapping Products Inc. company was founded by Edwin A. Brownley Jr. and Peter J. Silvester Jr. in 1982. In 1993, they and Alan S. Kaskowicz. founded US Strapping Company. All three will continue in their current roles, ensuring an orderly transition of the businesses.
This acquisition gives FROMM immediate benefits by providing it with North American manufacturing capabilities with an excellent experienced and talented work force. It also provides a very mature and loyal network of quality customers in all market and industry sectors.
The acquisition is also very strategic for FROMM, as it gives them a much larger footprint in North America and helps to better balance their Global portfolio of businesses, which was a key strategic objective for FROMM. It also offers additional marketing channels for existing and future world class FROMM products, which are currently in the development stage.
Each company will continue to operate independently and under its own name. FROMM Canada president Kevin McCarty
will assume the role of president PAC Strapping Products Inc. and US Strapping Company Inc.
FROMM Holding AG is a Swiss family-owned private company established in 1947 and is a leading manufacturer of high-quality strapping tools, engineered strapping and stretch wrapping machine systems, strategically located polyester strap manufacturing plants and Airpad protective packaging systems. FROMM has a well-established worldwide sales and distribution network, consisting of FROMM owned companies and distributors. Company information available at www.fromm-pack.com.
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