ASG buys MWV Polish folding carton factory
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MeadWestvaco (MWV) has completed the sale of its beauty and personal care folding carton facility in Bydgoszcz, Poland to AGI-Shorewood Group (ASG).
The acquisition is part of ASG's strategy to develop additional world-class packaging options for the beauty and personal care, spirits, confectionery and healthcare markets.
ASG said Bydgoszcz is an important supplier of packaging to major global and regional consumer goods companies, including cosmetics and beauty brands. It plans to leverage the Bydgoszcz operation's assets to expand its footprint in the European consumer packaging market. All 320 of the current employees will continue working at the Bydgoszcz facility.
Tony Garnish, ASG chief executive responsible for Europe, said: 'In bringing Bydgoszcz into our group, we increase our level of technical capability, experience and knowledge of consumer markets.
Source: www.packprintworld.com/
