MOSCOW (MRC) -- Industrial packaging maker Mauser Group is acquiring IBC North America and Clean Tide Container, companies with common ownership, said Plasticsnews.
Mauser, of Bruehl, Germany, said the acquisition will increase its presence in North America. "We are excited to expand our footprint in the United States," said Hans-Peter Schaefer, CEO of Mauser, in a statement. "This acquisition affords us the opportunity to more effectively service our North American customers."
Mike Harding, co-owner and vice president of sales for IBC North America and Clean Tide Container said, "Our founders would be proud of the business we have built and of the company that will continue to take us forward. Now that we are part of the global Mauser family, we will be able to serve our customers with a variety of products and services that we had always envisioned."
IBC is based in Clarkston, Mich., and Clean Tide in Robertsdale, Ala. The companies also have plants in Lawrenceville, Ga., Chillicothe, Mo., and Perris, Calif.
As MRC informed earlier, Mauser Group is increasing its share in its Shanghai joint venture from 32.5% to 50%. Under the agreement, the intermediate bulk containers (IBC) production assets of Mauser Packaging (Jiangsu) Co. Ltd. will be transferred to the 11-year-old JV, Fanshun Mauser Shanghai Packaging Co. Ltd.
Mauser gains a total of three manufacturing and five reconditioning sites in the United States for intermediate bulk containers. Mauser (Bruhl, Germany) has annual revenue of about USD1.6 billion, with 4000 employees and facilities around the globe. Its plastics division is the company's largest but it also makes and distributes metal and paperboard drums and industrial containers. The bulk of the plastics divisions' processing facilities are in Europe though it also has ones in Brazil, the U.S. and Thailand.
MRC