Packaging Market Weekly Wrap - Berry Plastics Acquires MAC Closures

Berry Plastics Corporation has agreed to acquire 100 percent of the common stock of Canadian plastic cap and closure manufacturer MAC Closures.

MAC manufactures injection moulded plastic caps and closures for the pharmaceutical, nutraceutical, personal care, amenity and household and industrial chemicals industries.

Berry says the acquisition is a continuation of its strategic plan to expand its North American position.

Financial details of the deal were not disclosed.

CLONDALKIN ACQUIRES ACCUTECH

Flexible and specialist packaging manufacturer Clondalkin Group has acquired flexible plastic films producer Accutech Films.

Clondalkin says Accutech is "an acknowledged product innovator of high value-added customised and protective packaging".

Accutech will augment Clondalkin's plastic packaging businesses, including Fortune Plastics.

Clondalkin, with annual sales in excess of US$1.2bn, did not disclose financial details of the deal.

BRADMAN CLOSES SUBSIDIARY

Packaging technologies group Bradman Lake has closed its German subsidiary Bradman Lake GmbH.

Following the purchase of the company in 2003, new owners Langley Holdings have conducted a strategic review of the firm, resulting in the closure.

"The GmbH business has been problematic from day one and has failed to deliver both technically and financially," a company spokesman says.

"Our new parent company wasted no time in recognising that and moved swiftly to do what really ought to have been done by our former management sooner."

ROBINSON REPORTS DROP

UK plastic and paperboard manufacturer Robinson has reported an 11 percent drop in turnover due to the loss of a major customer.

The firm says turnover in its plastics division increased one percent, but revenue from its UK sites fell following the transfer of production to a new Polish plant.

Robinson specialises in injection-moulded plastic and rigid paperboard packaging for the food, drink, confectionary, cosmetics and toiletry sectors.
Source: packaging-technology