Rexam PLC
British packaging major Rexam plc is suing Berry Plastics Corp. following a deal the two companies finalized last year.
Berry Plastics Group Inc. is buying the containers and closures division of Rexam plc's healthcare operation for $135 million in cash, London-based Rexam announced on March 24.
Rexam plc, the British-headquartered packaging giant, has announced the proposed sale of the pharmaceutical devices and prescription retail packaging operations of its healthcare division to a private equity firm for around $805 million.
Packaging groups in the United States and Germany are eyeing up Rexam's healthcare division, according to a published report by Reuters.
Rexam plc, the packaging giant, said today that the process to sell off its healthcare division was "progressing according to plan."
Sussex IM's buyout of Albea Group's North American cosmetic-compact business is nothing short of a rebirth, the company's president and founder says.
London-based packaging giant Rexam plc, is said to be attracting interest for its healthcare business from trade rivals and private equity groups.
Packaging giant Rexam plc has announced it plans to sell its healthcare operation. Once a deal had gone through Rexam would be a "focused beverage cans business", said CEO Graham Chipchase.
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