MeadWestvaco Completes $710M Acquisition

MeadWestvaco Corp. has completed its acquisition of the North American packaging systems business from France's Compagnie de Saint-Gobain SA for about $710 million, the company announced Wednesday.

MeadWestvaco (NYSE:MWV) said Saint-Gobain's Calmar unit, which is based in Grandview, Mo., makes pump and spray packaging systems that are used in making products for personal care, pharmaceutical, automotive and other industries.

MeadWestvaco said Calmar will have only a slight impact on earnings this year and will add to earnings beginning next year.

Read the entire news on the source link below.

600450 MeadWestvaco Completes $710M Acquisition

See more news about:

Others also read

Sika, the Burkard family and Saint-Gobain have signed agreements which terminate and resolve their dispute to the common benefit of all parties involved and that of their respective shareholders and stakeholders.
Saint-Gobain Acquires Italian Company Logli Massimo
Saint-Gobain strengthens its glass solutions portfolio.
Mr. Pierre-André de Chalendar
Compagnie de Saint-Gobain’s Board of Directors decides to propose the renewal of the Director’s term of office of Mr. Pierre-André de Chalendar and to co-opt Ms. Dominique Leroy, CEO of Proximus, as an independent Director.
Wicona provides innovative structural glazing solutions to One Bedford Avenue
WICONA, the specialist manufacturer of glazing and glass curtain walling, has worked with specialist contractor GLASSOLUTIONS to deliver the glazing and facades package for One Bedford Avenue, a flagship mixed use development in Central London.
Windows, Doors & Facades 2017: A continuing success story
The fair in Dubai is the central meeting place for worldwide manufacturers and distributors of window, door and facade products.
Providing a clear and safer vision: A new glass solution for LNG Carriers
Vetrotech Saint-Gobain, introduces THERMOVIT© PRO A0, an electrically heated glass solution with A0 fire-resistance in line with IGC International Code for Liquefied Natural Gas (LNG) Carriers.

Add new comment