MAUSER
Merger with Bway and ICS / Owner Stone Canyon Industries creates giant industrial packaging supplier
Four industrial packaging companies – Bway (Atlanta, Georgia / USA), Mauser (Brühl / Germany), Mauser subsidiary the National Container Group (NCG) and Industrial Container Services (ICS, Maitland, Florida / USA) – have merged to form a single company named Mauser Packaging Solutions (Oak Brook, Illinois / USA; www.mauserpackaging.com). The new merger belongs to holding company Stone Canyon Industries (Los Angeles, California / USA; www.stonecanyonllc.com).

Mauser Packaging Solutions is a global supplier of IBCs and other metal and plastic industrial containers. With 11,000 employees, the new company puts its consolidated sales at USD 4 bn (EUR 3.5 bn). It will be led by CEO Ken Roessler, who had been appointed head of SCI Packaging at the beginning of 2018 – see Plasteurope.com of 30.01.2018.

In April 2017, SCI acquired the Mauser group for around USD 2.3 bn, and initially managed it separately from its Bway business unit, which was also focused on industrial metal and plastic containers. The holding company then announced in June 2018 that it would acquire market player ICS for about USD 1 bn from US investment company Centerbridge Partners, and merge it with Bway.
10.10.2018 Plasteurope.com [240853-0]
Published on 10.10.2018
Mauser: Eigner SCI schafft Großanbieter von IndustriepackmittelnGerman version of this article...

© 2001-2024 Plasteurope.com  |  Imprint  |  Privacy  |  Cookie settings

Plasteurope.com is a business information platform for the European plastics industry. It is part of KI Kunststoff Information and PIE Plastics Information Europe, one of the leading content providers for the European plastics industry. We offer daily updated business news and reports, in-depth market analysis, polymer prices and other services for the international plastics industry, including a suppliers guide, career opportunities, a trade name directory and videos.

News | Polymer Prices | Material Databases | Plastics Exchange | Suppliers Guide | Jobs | Register | Advertising

PIE – Plastics Information Europe | KI – Kunststoff Information | KunststoffWeb | Plastics Material Exchange | Polyglobe | K-Profi
© 2001-2024 by Plasteurope.com, Bad Homburg
Date of print: 25.04.2024 02:26:39   (Ref: 120104052)
Text and images are subject to copyright and other laws for protection of intellectual property.
Any duplication or distribution in any media as a whole or in parts requires prior written approval by Plasteurope. URL: http://www.plasteurope.com/news/detail.asp