CC Industries-backed Selig Group completed the acquisition of PSI.

CC Industries-backed Selig Group, a global flexible packaging company, completed the acquisition of Performance Systematix, a supplier of container and packaging venting solutions worldwide. Financial terms were not disclosed. “Selig is an ideal partner to support PSI’s team in its next phase of growth. This is a highly strategic combination which expands both companies’ product lines, enabling us to provide a more comprehensive solutions offering for customers globally. We will continue to focus on the innovative, high quality products and the exemplary service our customers rely upon,” Glenn Dunn, PSI President.