Graphic Packaging Closes Sale of Multi-wall Bag Business
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Graphic Packaging Closes Sale of Multi-wall Bag Business
Graphic Packaging Holding Company (NYSE: GPK), a leading provider of packaging solutions to food, beverage and other consumer products companies, today announced that it and its wholly-owned subsidiary Graphic Packaging International, Inc., have completed the sale of their Multi-wall Bag business to Mondi Group. The divested assets included 9 converting plants located throughout the United States and the Pine Bluff, Arkansas kraft paper mill.
Forward Looking Statements
Any statements of the Company's expectations in this press release constitute "forward-looking statements" as defined in the Private Securities Litigation Reform Act of 1995. Such statements are subject to various risks and uncertainties that could cause actual results to differ materially from the Company's present expectations. Undue reliance should not be placed on forward-looking statements, as such statements speak only as of the date on which they are made and the Company undertakes no obligation to update such statements. Additional information regarding risks to the Company is contained in the Company's periodic filings with the SEC.
