NEENAH, Wis. — Bemis announced it has reached a definitive agreement to acquire the rigid plastic packaging operations of Emplal Participações S.A., a Brazilian manufacturer of plastic packaging for food and consumer applications. This rigid packaging business, which includes two facilities in Brazil, recorded annual net sales of approximately $75 million in 2014. Details of the transaction were not disclosed. The transaction is expected to close by the end of 2015, subject to customary closing conditions and regulatory review.
Bemis buys Brazilian plastics business
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