With strong merger and acquisition activity, 2019 was another year of industry consolidation.
Over the past 10 years, the flexible packaging industry has grown from $26.6 billion to $31.8 billion with a cumulative annual growth rate of 2% per year, according to the FPA.
Once again, Flexible Packaging offers its annual list of the Top 25 Converters in North America for the year 2019. These rankings are based on each company’s revenues for the year 2018. The rankings are scrambled a bit from the previous year, but most companies are familiar figures in this year-to-year feature.
Amcor Limited and Bemis Company, Inc. have reached more key milestones toward completion of their all-stock transaction with the recent filing of shareholder documentation and finalization of Board of Director and senior leadership appointments. Completion of the transaction is expected by May.
Sigma Plastics Group has ordered its 53rd Windmoeller & Hoelscher blown film machine. The VAREX II line will be installed in Sigma’s ISOFlex Indiana plant in Washington, Indiana – a plant that features all W&H lines and is dedicated to producing high-end film.