Industry News

Proposed Acquisition of UCB Group’s Film Business

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By: DAVID SAVASTANO

Editor, Ink World Magazine

The global packaging and labeling film business of Surface Specialties UCB is set to be bought for $396M by a consortium led by Dennis Matthewman, former managing director of Hays Chemical Distribution, who will chair the new company, and Candover Partners Ltd.      The company, which has its U.S. head office in Atlanta, GA, and a cellophane production site at Tecumseh, KA, has been part of the Belgian UCB Group for more than 30 years. During that time it has enjoyed rapid growth and significant...

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