Multiprint specializes in Pressure Sensitive Beverage labels for Ireland and the UK. Multi-Color Corporation said that Multiprint Labels has common markets, technologies and supply chain with MCC's Glasgow UK operation.
Newark is a manufacturer of recycled paperboard, linerboard, industrial tubes, cores and other converted product including book covers and packaging solutions
The purchase price of $72 million, comprised of $64 million for the business and $8 million related to future cash tax benefits, was financed through cash on hand
The Multi-Wall Bag plants and the kraft mill had trailing twelve month revenue of approximately $437 million and under the terms of the agreement, the enterprise value is $105 million and the sale was an all cash transaction.
Performance BioFilaments will work to develop commercial applications for cellulose filaments, a new source of sustainable biomaterial made from wood fiber that can improve the strength and durability of many commercial and consumer products found on the market today
The Multi-Wall Bag plants and the kraft mill had trailing twelve month revenue of approximately $437 million and under the terms of the agreement, the enterprise value is $105 million and the sale will be an all cash transaction.
The combination of Benson Group and Graphic Packaging's existing European businesses is expected to greatly enhance Graphic Packaging's folding carton business in Europe, with sales in excess of $700 million
The company announced an extended period of market-related outage on its remaining paper machine in January. The kraft pulp mill and another paper machine have been idled since November of 2012.
