Berry Plastics Group has signed an agreement to acquire AEP Industries, a North American manufacturer of flexible plastic packaging films, for $765m including debt. Under the terms of the deal, each shareholder of AEP will receive either ...
Tags: Berry Plastics Group, AEP Industries, debt
Berry Plastics Group reported results for its third fiscal 2016 quarter, referred to in the following as the June 2016 quarter. Highlights Reported record net sales of $1,645 million for the June 2016 quarter compared to $1,241 ...
Mead Johnson, the producer of high-quality milk powder for babies and infants, has made the move from a can to IML packaging. Thanks to the top-quality appearance of Metallic IML labels from Verstraete IML, the packaging now boasts a ...
Tags: Mead Johnson, Milk powder, IML packaging
Berry Plastics Group reported results for its first fiscal 2016 quarter, referred to in the following as the December 2015 quarter. "During the quarter we achieved record net sales and operating EBITDA for any quarter in the Company's ...
Tags: Berry Plastics, EBITDA
Plastic consumer packaging specialist Berry Plastics has restructured its operations to better serve its customers and drive future growth. As part of the restructuring, the company created three new market-focused divisions including ...
Tags: Berry Plastics, flexible packaging, Plastic consumer packaging
Global beverage can manufacturer Rexam has received a binding offer from Berry Plastics Group of $135m to acquire its Healthcare business’ remaining Containers & Closures division. According to Rexam, the transaction, which requires ...
Tags: Rexam, Healthcare Business, Berry Plastics
Berry Plastics has created new packaging for French’s Flavor Infuser brand, for which it received the 2013 Tube of the year award in the tube design category from The Tube Council. Berry's Design Center has designed the new ...
Tags: Berry Plastics, Marinade Package
The Indiana-based group is to buy a 75% stake in Qingdao P&B Co, which is headquartered in the Qingdao free-trade zone. P&B, which has around 550 employees, is partly owned by Chinese drinks business Wuliangye Group, one of the ...
Tags: Plastics Buy-out, P&B
US-based Berry Plastics has received permit from the competent approval authority in China to acquire controlling interest of Qingdao P&B. The pending registration, associated with the transaction, with the local company registry would be ...
Tags: Berry Plastics, Packaging
Berry Plastics Group, a provider of value-added plastic consumer packaging and engineered materials, is set to invest $31m for new infrastructure and equipment at its four manufacturing plants in the US. The company will also transfer ...
Society of the Plastics Industry (SPI) will collaborate with American Chemistry Council's (ACC) Plastics division to work on issues like recycling and growth opportunities of rigid packaging. Under the partnership, the ACC's Rigid ...
Tags: SPI, plastics, ACC, rigid packaging, recycling
Manufactured by Berry Plastics in the US, Stratos is a multi-polymer product that is said to have a stretch ration of 300% and a thickness of 11.4 micron. It was developed for the freezer industry and works in temperatures to minus 30 ...
Tags: New Stretch Film, Abco Kovex, Berry Plastics
Plastic packaging manufacturer Berry Plastics Group has completed the acquisition of Graphic Packaging’s flexible plastics and film business. According to Berry Plastics, Graphic Packaging, through its flexible plastics and film ...
Tags: Berry Plastics, Flexible Plastics
Berry Plastics Group has launched the new recyclable thermal management packaging technology Versalite in the form of to-go-cups. Berry Plastics chairman and CEO Jon Rich said, "The Versalite cup creates the solution consumers have been ...
It is using its new pack called Versalite for the cups. Berry Plastics said that the "#5 plastic polypropylene-based Versalite technology" offers "excellent performance, a positive consumer experience, and environmental advantages over many ...