US manufacturer of tamper-evident cap and closure lining materials Selig Sealing Products (Forrest, Illinois / USA; www.seligsealing.com) has acquired Swiss family-owned flexible packaging producer Isco Jacques Schindler (Niederglatt; www.isco.ch) for an undisclosed sum. With the acquisition, Selig has strengthened its access to both closure lining products and at the same time gained a foothold on the European flexible packaging market, said CEO Steve Cassidy. The US company already has a sealing materials plant at Slough / UK.

Selig, owned by private equity investor Behrman Capital (New York / USA; www.behrmancap.com) since 2008, has been a key customer of the Swiss packaging producer for 20 years. The US buyer plans to invest in an expansion of the production site near Zurich, where Isco also produces laminates for caps and closures. In future, the two companies – Isco will continue operating under its existing name – will be able to offer a variety of technical laminates.

Isco managing director Jacques Schindler said the acquisition by Selig will give his company access to additional technologies and a worldwide distribution network. Around 70% of the Schindler portfolio is sold outside Switzerland.