Berry Plastics Completes Rexam Acquisition
Berry Plastics Group Inc. recently announced it has completed its acquisition of Rexam’s Healthcare Containers and Closures (C&C) business. Berry Plastics paid approximately $135 million for the acquisition.
The Healthcare C&C business produces bottles, closures and specialty products for pharmaceutical and over-the-counter applications. The transaction includes eight manufacturing locations: five in the U.S. and one each in Mexico, France, and India, with total employment of approximately 1,500 and 2013 sales of $262 million.
For more information, visit www.berryplastics.com.