MONTREAL - Packaging producer Twinpak Inc. sold its distribution business to a group headed by management so it can focus on its core manufacturing operations. The business, renamed Ampak Distribution Inc., will continue to supply a range of rigid plastic and glass containers, according to Wolfgang Muller, Ampak's president. He did not disclose terms of the Sept. 30 deal or Ampak's annual sales.
Twinpak bought the distribution business in 1976, said Muller, who was its general manager.
Ampak is based in Montreal and employs more than 40 at distribution locations in Montreal; Toronto; Vancouver, British Columbia; and Edmon-ton, Alberta, Muller said in a telephone interview. It exports to the United States but most of its sales are in Canada, where it supplies various markets, including pharmaceutical, food and automotive products.
Ampak's owners include an undisclosed investor who owns a nonplastics packaging company.
Muller said Ampak's product line will include Twinpak containers. It plans no change in operations.