—Huhtamaki Van Leer (Espoo, Finland) has acquired Packaging Resources, Inc. (Lake Forest, IL). —Jefferson Smurfit Group plc (Dublin, Ireland) has agreed to subscribe for 25% of Leefung-Asco Printers Holdings Ltd. (Hong Kong, China). —AGI Media Packaging (New York, NY) will be the new name for a group of international media packaging companies acquired by Westvaco Corp. (New York, NY) within the last year. —Tuscarora Inc. (New Brighton, PA) has signed a definitive merger agreement with SCA Packaging Intl. B.V. (Stockholm, Sweden) where SCA will acquire all of the outstanding shares of Tuscarora for cash consideration of $21.50 per share. —Rotzinger AG (Basel, Switzerland) and SIG Pack Systems AG (Beringen, Switzerland) signed a cooperation agreement. —Ticona (Frankfurt, Germany) has signed a distribution agreement with Mitsui Chemicals Inc. (New York, NY) to sell its range of Topas cyclo-olefin copolymer products in Japan. —Adept Technology, Inc. (San Jose, CA) has been selected by JOT Automation Group (Oulunsalo, Finland) to provide robotic mechanisms, controllers and machine visions systems.
International agreements
Amcor Twinpak-North America Inc. (Montreal, Quebec, Canada) has signed an agreement with CNC Containers (Tumwater, WA) that gives Amcor a 100% equity position in CNC.
Feb 28th, 2001
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