BMS Bemis Company, Inc.

 

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, DC 20549

 

FORM 8-K

 

CURRENT REPORT PURSUANT

TO SECTION 13 OR 15(d) OF THE

SECURITIES EXCHANGE ACT OF 1934

 

Date of Report — November 7, 2014

(Date of earliest event reported)

 

BEMIS COMPANY, INC.

(Exact name of Registrant as specified in its charter)

 

Commission File Number 1-5277

 

 

One Neenah Center, 4th Floor, P.O. Box 669, Neenah, Wisconsin 54957-0669

 (Address of principal executive offices)

 

Registrant’s telephone number, including area code:  (920) 727-4100

 

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):

 

o  Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

 

o  Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

 

o  Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

 

o  Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

 

 

 

Item 7.01.                                        Regulation FD Disclosure.

 

On November 7, 2014, Bemis Company, Inc. (the “Company”) announced that it had completed the sale of its global Pressure Sensitive Materials business (known as “MACtac”) to Platinum Equity (“Platinum”), a California-based private equity firm, for a purchase price of $170 million, subject to customary post-closing adjustments.  The Company had previously announced on September 8, 2014, that it had reached agreement to sell MACtac to Platinum.  A copy of the press release announcing the transaction is furnished herewith as Exhibit 99.1 to this Current Report on Form 8-K and is incorporated herein by reference.

 

Item 9.01.                                        Financial Statements and Exhibits.

 

(d) Exhibits

 

99.1     Press Release dated November 7, 2014

 

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SIGNATURES

 

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

 

 

	BEMIS COMPANY, INC.
	By	/s/ Sheri H. Edison
		Sheri H. Edison, Vice President,
		General Counsel and Secretary
	Date		November 13, 2014

 

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Index to Exhibits

 

Exhibit No.		Description		Method of Filing
99.1		Press Release dated November 7, 2014		Electronic Transmission

 

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Exhibit 99.1

 

 

Bemis Company Completes Sale of Pressure Sensitive Materials Business

 

Neenah, Wisconsin, November 7, 2014 - Bemis Company, Inc. (NYSE:BMS) announced today that it has completed the sale of its global Pressure Sensitive Materials business (known as “MACtac”) to Platinum Equity, a California-based private equity firm. The transaction was completed for a purchase price of $170 million, subject to customary post-closing adjustments.

 

The Pressure Sensitive Materials business was classified as discontinued operations in Bemis’ financial statements during the third quarter of 2014.

 

Goldman, Sachs & Co. acted as financial advisor and Baker & McKenzie LLP acted as legal counsel to Bemis Company.

 

About Bemis Company, Inc.

 

Bemis Company, Inc. (“Bemis” or the “Company”) is a major supplier of flexible packaging 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 from continuing operations of $4.5 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 17,000 individuals worldwide.  More information about Bemis is available at our website, www.bemis.com.

 

For additional information please contact:

 

Erin M. Winters

Director of Investor Relations

(920) 527-5288

 

Bemis Company Inc.

One Neenah Center, 4th Floor

P.O. Box 669

Neenah, Wisconsin 54957-0669