ABX completed the acquisition of flexible packaging business of Berry Global.

Advanced Barrier Extrusions, which designs and manufactures plastics film and sheet, completed the acquisition of flexible packaging business of Berry Global, a manufacturer, and marketer of plastic packaging products. Financial terms were not disclosed. “After in-depth market research and voice of customer insights, we have decided to move forward with the name ABX. Honoring its beginnings as Advanced Barrier Extrusions, this name retains ABX’s heritage and reputation in the marketplace, while making way for opportunistic growth via the acquisition of these divisions of Berry Global. The blue in the logo represents innovation and reliability, aligning with our accompanying tagline “Innovative Packaging Solutions”. The blue swoosh on the “X” represents the business moving forward with a purpose, towards a common goal. We believe this name says we’re in it to bring ideas that help our customers win. We’re very excited about this step forward for the company, our employees and our customers,” Michelle Wilson, ABX CCO.