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Article: K-G Packaging split, sold to three buyers. (Packaging News).
- Article from:
- Household & Personal Products Industry
- Article date:
- May 1, 2002
CopyrightCOPYRIGHT 2002 Rodman Publications, Inc. 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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* Manufacturer CCL Industries, Toronto, Canada has sold its Toronto-based K-G Packaging business unit to three different buyers to maximize shareholder value in 2002. The $53 million K-G unit operates three separate business lines: industrial aerosol and liquid product filling; Air Guard Control aerosol products for insect and odor control and North American Professional Products (NAPP) industrial aerosol products.
"I am pleased that each of these businesses has been acquired by companies with a focused growth strategy in their specialty markets," said Donald G. Lang, president and ...