Bemis Completes the Sale of Its Paper Packaging Division
April 01 2014 - 9:00AM
Business Wire
Bemis Company, Inc. (NYSE:BMS) announced today that it completed
the sale of its Paper Packaging Division. As previously announced,
Bemis reached an agreement to sell its Paper Packaging Division to
Hood Packaging Corporation, a privately-held company headquartered
in Madison, Mississippi and Burlington, Ontario. Terms of the
agreement were not disclosed.
XMS Capital Partners, LLC acted as the exclusive financial
advisor to Bemis Company for this transaction.
ABOUT BEMIS COMPANY, INC.
Bemis Company, Inc. is a major supplier of packaging and
pressure sensitive materials used by leading food, consumer
products, healthcare, and other companies worldwide. Founded in
1858, Bemis is included in the S&P 500 index of stocks and
reported 2013 net sales of $5.0 billion. Bemis has a strong
technical base in polymer chemistry, film extrusion, coating and
laminating, printing, and converting. Headquartered in Neenah,
Wisconsin, Bemis employs approximately 19,000 individuals
worldwide. More information about Bemis is available at our
website, www.bemis.com.
Bemis Company, Inc.Erin M. Winters,
920-527-5288Director of Investor
RelationsorMelanie E. R. Miller,
920-527-5045Vice President and
TreasurerorBemis Company, Inc.One Neenah
Center, 4th FloorP.O. Box 669Neenah,
Wisconsin 54957-0669
Bemis (NYSE:BMS)
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