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Article | January 31, 2000
Supplier news: International agreements
Sidel (La Havre, France) has acquired Norden Pac (Kalmar, Sweden).Pinnacle Automation (St. Louis, MO) has been acquired by FKI plc (Loughborough, U.K.).Amcor Twinpak North America (Montreal, Quebec, Canada) has reached an agreement to acquire a majority interest in Stevens Flexible Packaging, Inc.
(Hagerstown MD).DuPont (Wilmington DE) and Teijin Ltd. (Tokyo Japan) have started a new venture called DuPontTeijinFilms (Wilmington DE) which will produce and sell polyester film.Phillips Petroleum Co. (Bartlesville OK) will form a joint venture co. with Daelim Industrial Co. Ltd. (Yochon Korea) to produce Phillips K-Resin SBC. The deal is pending approval by the Korean government.KoSa (Charlotte NC) has completed its acquisition of Celanese AGs (Millhaven Ontario Canada) polyester operations. Shorewood Packaging Corp. (New York NY) has formed a joint venture with Electronic Page Co. (South Wales U.K.) to be known as Shorewood EPC Europe Ltd. Checkpoint Systems Inc. (Thorofare NJ) has received clearance from the German competition authorities to proceed with its offer to acquire Meto AG (Heppenheim Germany).
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