Coveris S.A. (Coveris), a leading global packaging and coatings solutions company, announces the acquisition of Supraplast. Supraplast is shrink sleeve and adhesive label technologies company based in Guayaquil, Ecuador.
Supraplast is an industry-recognized leader in printing technology with a broad product offering that includes shrink sleeves, self-adhesive labels, safety seals, PVC and PET shrink films. The company has a diversified portfolio of top-tier customers and serves many value-added end-use markets such as food and beverage, pharmaceutical, personal care and agriculture.
Coveris Holding Corp. and Coveris Flexibles US LLC have entered into a management services agreement with Supraplast. This will afford Coveris an opportunity for expansion and growth in the South American region.
“We are very pleased with the acquisition of Supraplast, our first operation located in South America,” said Gary Masse, Coveris President and CEO. “We look forward to continued growth in Latin and South America.”
As a leading international manufacturing company, Coveris is dedicated to providing solutions that enhance the safety, quality and convenience of products we use every day. In partnership with the most respected brands in the world, Coveris develops vital products that protect everything from the food we eat, to medical supplies, to the touch screen device in our pockets, contributing to the lives of millions every day.
Coveris is an affiliated portfolio company of Sun Capital Partners, Inc.
Chris Swalm, 864-504-6145
Marketing Communications Manager
Source : businesswire.com