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Bemis buys Mayor to expand in Asia

August 03/2011

(PlasticsToday) -- Flexible plastics packaging powerhouse Bemis Company Inc. acquired Mayor Packaging, a privately-owned converter of consumer and specialty flexible packaging. Mayor is based in Hong Kong but in 2008 it shifted its film conversion processing to a new purpose-built facility in Dongguan, China. Financial terms of the transaction were not disclosed. The most recent sales results reported at Mayor's website are for 2008 when the processor's revenue exceeded USD 40 mln.

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