AptarGroup, Inc. announced it has completed the previously announced acquisition of CSP Technologies S.à r.l. (CSP Technologies), a leader in active packaging technology based on proprietary material science expertise. As previously reported, this strategic transaction meets Aptar’s disciplined criteria for acquiring companies with strong positions in attractive markets, proprietary technologies, solid margins and robust growth fundamentals. Aptar looks forward to growing CSP Technologies’ existing business in the Pharma and Food Safety markets, and leveraging their active packaging and material science know-how in other end markets. Click Read More below for additional information.
The Covington Paperworkers Union says they have ratified the WestRock offer after a vote Thursday. This means that the union has agreed on a new contract that was presented by union representatives for the papermill’s workers.
94 percent of the eligible members voted, with 54 percent in favor for the new contract.
No further negotiations will take place.
It is the first new contract offered to WestRock workers in Covington since 2010.