Manufacturing Industry
Packaging: mergers, overseas resin sources.(Special Report)
Plastics News, January, 2006
Byline: Angie DeRosa The story for the 2006 packaging market is one of continued consolidation across all sectors and more sourcing of key resins from overseas. One only has to look at 2005 for proof of consolidation activity across flexible and rigid packaging, with major deals like Apollo Management LP of New York nabbing Pembroke, Bermuda-based Tyco Plastics' film business.
Sun Capital Partners Inc. of Boca Raton, Fla., made its own mark by sweeping up Exopack Holding Corp. of Spartanburg, S.C., Cello-Foil Products Inc. of Battle Creek, Mich., and Packaging Group of Concord, Ontario. Consolidated Container Co. LLC of Atlanta made three acquisitions in 2005. Likewise, officials from firms like Viapack Inc. of New York said they're seeking small to...
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