$ 510 million!Hyatsuk acquisition of Automatpe Recycled Pelletset Packaging Systems Enterprise

Date:2022-8-08 Author:Sam

Heyue invented the Bubble Wrap \u0026 Reg; the bubble cushion cushioning material in 1960 replaced the traditional packaging materials at the time, and it has now been accepted and widely used by the world. Heyue invented the Bubble Wrap \u0026 Reg; the bubble cushion cushioning material in 1960 replaced the traditional packaging materials at the time, and it has now been accepted and widely used by the world. Sustainable innovation packaging solution SEALED Air has signed an agreement with the US automated bag system manufacturer Automated Packaging Systems (APS) and will acquire each other for $ 510 million. Founded in 1962, APS is headquartered in STREETSBORO, Ohio. Its business spreads in more than 60 countries around the world and has a total of 7 production bases in the United States and the United Kingdom. In 2018, the company’s sales were US $ 290 million, an increase of about 10 % year -on -year. EARTHAWARE offers three regenerative film solutions for APS brand, and created Autobag automatic bags. Heyueer said that the acquisition will bring cross -sales opportunities for enterprises, thereby creating additional growth space outside the key market. Ted Doheny, President and CEO of Heyueer, said: \”Automated Packaging Systems has a unique innovation solution, and is equipped with automated equipment, materials and services. It is the leading enterprise in the industry.\”目标,即在未来五年内将我们的创新率翻倍。此次交易扩大了我们的自动化解决方案和可持续包装产品的广度,使我们能够在服务市场中获得增长机会。”据预计,该交易It will be completed in the third quarter of 2019. The transaction followed Hyun and the Japanese company Kuraray’s cooperation to produce plant -based food packaging projects a month. In addition, in February, Hye also acquired the Philippine packaging producer MGM. Bubble Wrap \u0026 Reg; Hyatt, a manufacturer of bubble cushion cushioning materials, created $ 4.7 billion in sales in 2018, with about 15,500 employees.