Bemis Company to Acquire South American Rigid Packaging Operations of Emplal Participações S.A.
Tuesday, July 21, 2015 5:00 pm
NEENAH, Wis. -- Bemis Company, Inc. today 21 July 2015 announced that it has signed a definitive agreement to acquire the South American rigid plastic packaging operations of Emplal Participações S.A., a Brazilian manufacturer of plastic packaging for food and consumer applications. This rigid packaging business, which includes two facilities in Brazil, recorded annual net sales of approximately US$75 million in 2014. Details of the transaction were not disclosed. The transaction is expected to close by the end of 2015, subject to customary closing conditions and regulatory review.
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