Liqui-Box to sell its bag-in-box business to Peak Packaging.

Packaging firm Liqui-Box agreed to sell its bag-in-box business to Peak Packaging, one of the leading manufacturers of 1000 Ltr liquid liners. The deal was made to comply with requirements from Britain’s competition watchdog over Liqui-Box’s takeover of DS Smith. Financial terms were not disclosed. “We’re happy to have clearance now in the UK and move one step closer to completing the acquisition of the DS Smith Plastics Division. Our team is prepared for a seamless handoff to Peak Packaging for customers in the UK and anticipate no service disruption for those outside of the UK” Ken Swanson, Liqui-Box’s CEO.