date:Sep 01, 2012
The cash deal, announced in July, leaves Rexam will a 90% focus on the beverage can sector.
The food container business provides thermoformed packaging solutions such as retortable bowls and barrier trays to worldwide packaged food and ready-meal companies.
Silgan said the business has anticipated sales of approximately$100m this year.
The deal was part of a $709m total sell off by Rexam, including its Personal Care business.
At the time of the deal, Jonathan Thornton, head of communicatio