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International agreements

Southcorp Packaging Ltd. (Adelaide, Australia) has reached an agreement to sell Southcorp Packaging USA, Inc. to a management group lead by its current president and COO, Larry McVicker.

The new company will be called North America Packaging Corp.

—Pechiney (Paris, France) has entered into the final phase of negotiations to acquire Soplaril (Arras, France).

—LaserSoft (Lambertville, NJ) has acquired Harland Machine Systems (Manchester, England).

—Leading Brands (Vancouver, British Columbia, Canada) will purchase up to 10% of its outstanding common shares on the open market.

—Illinois Tool Works (Hatfield, PA) has acquired Sherman Treaters, Ltd. (Thame, England).

—Bradman Lake (Bristol, England) has signed a mfg. agreement with Propack Processing and Packaging Systems (Toronto, Ontario, Canada).

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