Austin Foam Plastics Acquires EPI Protective Packaging Division
Feb 27, 2017 (M&A Navigator via COMTEX) --
(C)2017 M2 COMMUNICATIONS http://www.m2.com
27 February 2017 - Texas, US-based packaging solutions provider Austin Foam Plastics, Inc. (AFP) has acquired the packaging division of Missouri, US-based Engineered Packaging Inc., the company said.
Terms of the transaction were not disclosed.
The company said EPI will continue to operate its temperature controlled packaging division and AFP will assume the protective packaging, distribution and returnable/consumable lines of business.
Austin Foam Plastics designs, produces, manufactures, and sources protective packaging for product manufacturers in retail and direct shipping environments.
Sector: Paper/Packaging/Office Supplies
Target: Engineered Packaging/packaging division
Buyer: Austin Foam Plastics
Vendor: Engineered Packaging
Deal size in USD:
Type: Corporate Acquisition
Buyer advisor: , ,
Comment: Terms of the deal were not disclosed