Graphic Packaging Holding Co., provider of packaging solutions to food, beverage and other consumer products companies, announces that it and its wholly-owned subsidiary Graphic Packaging International, Inc., have completed the sale of their Multi-wall Bag business to Mondi Group.
Amcor announces the reporting currency for the Amcor group will change from Australian dollars to US dollars, commencing with the 2014-15 financial year.
Dow Packaging and Specialty Plastics has announced that flexible packaging converter Ampac is now a licensee of PacXpert packaging technology, and is authorized to sell packages in North America.
Packaging Dynamics Corp. has announced an offer to purchase for cash any and all of its outstanding 8.750% Senior Secured Notes due 2016, at a price equal to $1,000 per $1,000 principal amount of the Notes tendered, plus accrued and unpaid interest on such Notes to the settlement date.
ISO Poly Films – a Sigma Plastics Group company and one of the leading multi-layer plastic film extruders – announces that it has appointed David McKinney as the company’s president and chief operations officer.
Mondi Group has agreed to acquire the bags and kraft paper business of Graphic Packaging International Inc. for a total consideration of $105 million on a debt- and cash-free basis.