Industry News, Mergers and Acquisitions, Printers News

Transcontinental Enters Flexible Packaging Market, Acquires Capri Packaging

Makes asset purchase of Missouri-based Capri Packaging

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By: DAVID SAVASTANO

Editor, Ink World Magazine

Transcontinental Inc. announced that it entered into a definitive agreement under which it agreed to acquire the assets of Capri Packaging, a supplier of printed flexible packaging, located in Clinton, MO, for a purchase price of US$133 million. The transaction is subject to regulatory approval in the U.S. Capri Packaging is a division of Schreiber Foods, a US$5 billion employee-owned dairy company, located in Green Bay, WI.   TC Transcontinental will be acquiring two facilities in Clinton, MO, ...

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