Wilkesboro, NC (PRWEB) January 16, 2014
The InterFlex Group, a flexible packaging company with facilities in North America and the United Kingdom is pleased to announce the acquisition of Star Packaging Corporation, a leading regional flexible packaging converter with strong market positions in the North American bakery, chemicals and snack food packaging sectors. The transaction was completed through InterFlex's North American subsidiary and in conjunction with its equity investment partner, Nicolet Capital.
Based in Atlanta, Georgia, Star is a supplier to a number of major packaged goods companies in the USA. The acquisition provides InterFlex's North American operations with significant additional scale and depth in printing, solvent and solvent-less lamination, coating, pouch making and Inno-Lok capability. The combined entity has sales in excess of $200 million annually and will trade as InterFlex Group with its North American headquarters based in Wilkesboro, NC.
"The acquisition further expands InterFlex’s capabilities as an operationally robust packaging supplier offering North American customers a range of flexible packaging solutions and technical resources. At the same time we will continue to deliver the flexibility and customized service that has been a signature of both companies," noted Stephen Doyle, CEO of InterFlex Group.