Acquisition augments film capacity for AEP

Subscribe to RSS Feed for PackExpo News – Executive Brief


October 7, 2008 - AEP Industries Inc., South Hackensack, NJ, augments its polyethylene film capacity with acquisition of Plastic Films segment of Atlantis Plastics, Inc., Atlanta, GA. Deal for $87 million in cash receives approval from US Bankruptcy Court for Northern District of Georgia-Atlanta Division. Purchase brings polyethylene film, flexible packaging specialist six manufacturing facilities. After closing, which is expected on or before 30 October 2008, AEP plans to merge Atlantis operation into its Stretch Film, Custom Films Divisions.


News Categories:


Enter your Request - We'll match you to Packaging Solutions!