Sale allows ASG to focus on core packaging segments and growing regions
STAMFORD, Conn. - Friday, February 15th 2013 [ME NewsWire]
(BUSINESS WIRE)-- AGI-Shorewood Group (ASG), a leading global specialty-packaging manufacturer, today announced it has sold its gravure assets in the United States, Mexico and Asia to Amcor Limited, the world’s largest packaging company.
"The sale ofselect gravure assets to Amcor is a strategic milestone that helps ASG focus our energy and investment on customers in our core North America and Europe specialty-packaging markets and on growing regions across Asia, Poland, and Latin America including Mexico,” said Mike Ukropina, President and CEO of AGI-Shorewood Group. "ASG remains dedicated to the flawless supply of award-winning packaging to our customers in the consumer products and home entertainment segments.”
"The acquisition strengthens our value proposition to customers in three critical areas,” said Peter Konieczny, P
Read more »