Sonoco has announced the signing of a definitive agreement to acquire a majority interest in Graffo Paranaense de Embalagens S/A (Graffo), a closely held flexible packaging business located in Pinhais, Curitiba, Brazil. Terms were not disclosed, and the transaction is expected to close in
the second quarter of 2015.
As barrier properties get increasingly important for packaged food products, flexible players in the space seem to be gearing up for the development. Cosmo Films, known for its specialty films offers multiple barrier products.
Bemis Co. Inc. has been recognized as a winner of the FPA Flexible Packaging Achievement Awards, receiving a gold award in the packaging excellence category and silver award in the sustainability category for the McCormick Skillet Sauce pouch.