Announced
Completed
Financials
Sources
Tags
Specialty Contracting
United States
bags
Completed
Single Bidder
Majority
Cross Border
Friendly
Acquisition
Private
Synopsis
GELPAC, a packaging solutions provider, completed the acquisition of Standard Multiwall Bag, a manufacturer of industrial and food grade multiwall and wovenpoly laminated bags. Financial terms were not disclosed. "The acquisition of efficient western and south-western production plants further strengthens our competitive position in North America. By combining the strengths of each of our plants, by integrating our respective R & D initiatives, on-going innovations to the manufacturing processes and procurement strategies, as well as extending our geographical reach, we will offer the best performing packaging solutions in the market," Alain Robillard, GELPAC CEO.
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