This acquisition includes a facility in Ireland as well as packaging production assets in Malaysia and the United States. These operations recorded annual net sales of approximately US$65 million in fiscal 2015.
SteriPack Group will continue to independently own and operate its contract manufacturing services business. Details of the transaction were not disclosed.
Bemis Co. is a major supplier of flexible and rigid packaging used by leading food, consumer products, healthcare, and other companies worldwide. Founded in 1858, Bemis reported 2015 net sales of $4.1 billion. Bemis has a strong technical base in polymer chemistry, film extrusion, coating and laminating, printing, and converting. Headquartered in Neenah, WI, Bemis employs approximately 17,500 individuals worldwide. More info: www.bemis.com