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Materials M&A image Materials M&A » By The Online Investor Staff, updated Tue., Jul. 7, 10:46 AM Recent mergers and acquisitions in the Materials M&A category.

Slide #49. Bemis Company, Inc. Foshan New Changsheng Plastics Films Co., LTD

Acquirer: Bemis Company, Inc. (BMS)
Acquiree: Foshan New Changsheng Plastics Films Co., LTD
Details: Bemis Company, Inc. (NYSE-BMS) today announced that it has acquired all of the common stock of Foshan New Changsheng Plastics Films Co., LTD (NCS), a specialty film manufacturer located in Foshan, China. Details of the transaction were not disclosed. This transaction is not expected to impact Bemis' earnings per share guidance for 2013.

Bemis is a manufacturer of packaging products. The majority of Co.'s products are sold to customers in the food industry. The U.S. Packaging segment represents various food, consumer, and industrial products packaging-related manufacturing operations. The Latin America Packaging segment includes various food and non-food packaging-related manufacturing operations located in Latin America. The Rest of World Packaging segment includes various food and non-food packaging-related manufacturing operations located in Europe and Asia-Pacific as well as medical device and pharmaceutical packaging-related manufacturing operations in the U.S., Europe, and Asia.

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Company Name: 
Bemis Co Inc
Stock buyback: 
BMS buyback
Website: 
www.bemis.com
Sector: 
Packaging & Containers
 

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Hold (2.22 out of 4)
76th percentile
(ranked higher than approx. 76% of all stocks covered)
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