Sealed Air Corporation announced it has signed a definitive agreement to acquire Automated Packaging Systems, Inc., a leading manufacturer of high-reliability, automated bagging systems, for a purchase price of $510 million on a cash and debt free basis. APS provides full flexible packaging systems, including industry leading equipment, sustainable materials and technical services. Known for inventing Autobag® bagging machines and pre-opened bags on a roll, APS also offers three recycled film solutions under the EarthAware® brand. Founded in 1962 with headquarters in Streetsboro, Ohio, APS employs more than 1,200 people, serves customers in over 60 countries and operates seven manufacturing sites in the U.S. and U.K. In 2018, APS generated $290 million in sales, an increase of approximately 10% year-over-year. Click Read More bellow for additional information.
BPM Inc., a top provider of high quality flexible packaging for the food and confectionery industries, announced today that its production facility has received recognition of accomplishment for fulfilling the requirements of AIB International’s Consolidated Standards for food safety.
AIB International provides a comprehensive list of audits and inspections. AIB International audits are backed by more than 60 years of experience in the field for food manufacturing, beverages, ingredients and packaging. AIB International’s services are used by many of the world’s largest and most influential food manufacturers, distributors and food service operators. AIB International conducts audits in more than 120 countries covering producers ranging in size from multinationals to small, independent producers. In addition to the inspection of BPM’s facility in March 2015, the company has been consistently recognized for several consecutive years for fulfilling the requirements of AIB International’s Consolidated Standards for food safety.
“AIB International has rigorous standards established for food safety and BPM works hard to meet and exceed all requirements. AIB is widely recognized in the industry for these types of inspections and audits,” said Rod Wiltzius, Production Manager. “Customers want to know that proper procedures and assessments are in place to ensure cleanliness during the production process, and with AIB, customers can be assured of BPM’s commitment to food safety.”