Details of the transaction were not disclosed. This transaction does not impact Bemis’ earnings per share guidance for 2011.
“This acquisition expands our reach into new market applications for bulk liquids and other products that require barrier packaging,” said Henry Theisen, president and chief executive officer of Bemis Company. “Shield Pack’s expertise in moisture and oxygen barrier technology complements our existing technological capabilities and our focus on high barrier packaging solutions.”
Source: Bemis Company
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