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Quebec’s Transcontinental Inc. Completes C$1.72B Acquisition of Chicago’s Coveris Americas

Montreal-headquartered Transcontinental Inc., a newspaper publishing and marketing company, today announced that it has completed the previously announced acquisition of Chicago-headquartered Coveris Americas, a business previously held by Coveris Holdings S.A. Coveris Americas manufactures a variety of flexible plastic and paper products, including rollstock, bags and pouches, coextruded films, shrink films, coated substrates and labels. Coveris Americas operates 21 well invested production facilities in the United States, Canada, Ecuador, Guatemala, Mexico, the United Kingdom, New Zealand and China. With this Acquisition, TC Transcontinental welcomes 3,100 employees and positions itself across a broad range of flexible packaging’s growing end markets, such as dairy, pet food, beverage, agriculture and consumer products.

Information summarized from: 
The Canadian Press

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