Bemis Company, Inc., a manufacturer of flexible packaging products, has signed a definitive agreement to sell its Menasha, Wisconsin, and Catoosa (Tulsa), Oklahoma, facilities to Exopack Holding Corp., a manufacturer of paper and plastic flexible packaging solutions, for approximately $81 million in cash. All the parties involved in the transaction are based in the US. The two facilities focus on the production of plastic packaging for retail natural cheese and shrink bags for fresh red meat. Greenhill & Co. is acting as financial advisor to Bemis.
Bemis Company to sell Menasha and Catoosa facilities to Exopack Holding
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