Berry Plastics buys Graphic Packaging’s flexible plastics and film business

Berry Plastics Group recently completed the acquisition of Graphic Packaging's flexible plastics and film business. In addition, the company completed the sale of its kits and catering business. The terms of the transactions were not disclosed.

Graphic Packaging's flexible plastics and film business has sales of $100 million and its facilities are located in Des Moines, IA; Milwaukee, WI; and Schaumburg, IL. Approximately 270 individuals are employed at these facilities where wraps, films, pouches and bags are produced for the food, medical, industrial, personal care and pet food markets. The newly acquired facilities will be operated in Berry Plastics' flexible packaging division.

Berry Plastics' flexible packaging division produces high barrier, multilayer film products as well as finished flexible packages such as printed bags and pouches. The largest end uses for the company's flexible products are consumer-oriented end markets such as food and beverage, medical, and personal care....

Read more