Silgan to buy Rexam's plastic thermoformed food business for $250m
date:Jul 05, 2012
Rexam's plastic thermoformed food business provides thermoformed packaging solutions such as retortable bowls and barrier trays to many of the world's leading packaged food and ready-meal companies. Its revenue in 2012 is expected to total approximately $100m.
Silgan president and CEO Tony Allott said the business is positioned for the growing demand in the ready-meals market through its low cost technology, which meets the rigorous requirements of the shelf-stable food market.
The ability to pr
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