acquisition of flexible packaging company
Pactech products complement ProAmpac’s flexible packaging lines.
Acquisition will make TC Transcontinental a Top 10 North American leader in flexible packaging.
Acquisition represents company’s first move into flexible packaging segment.
Pregis adds bagging systems capability to protective packaging portfolio.
US$13-million deal nets Amcor the Chinese subsidiary of U.K.-based British Polythene Industries PLC.
Acquired business to become part of Amcor’s new Flexibles Americas group.
Acquisition will double Transcontinental’s packaging revenues.