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Article: Alcan Sells U.K. Print Finishing Company.
- Article from:
- PR Newswire Europe
- Article date:
- September 1, 2005
CopyrightCOPYRIGHT 2005 PR Newswire Association LLC. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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PARIS, September 1 /PRNewswire/ -- Alcan Inc. (NYSE, TSX: AL) announced today that it has sold Alcan Print Finishers Ltd., the U.K. decorative print finishing company, to Celloglas Holdings Limited. Terms of the transaction were not disclosed.
"Our packaging business is moving strategically to focus greater resources on the markets where we already enjoy substantial scale and leadership positions and where we believe the most attractive growth opportunities lie," said Christel Bories, President and Chief Executive Officer, Alcan Packaging. "This transaction will enable Alcan Print Finishers Ltd. to benefit from a new owner's perspective, which will enhance ...