Hood buys TC Transcontinental's industrial packaging business for $95M
TC Transcontinental has sold its industrial packaging business to Hood Packaging Corp. in a $95 million deal. In a news release, officials with TC in Montreal said the business being sold had sales of around $50 million in the year ended July 28. They added TC will use proceeds from the sale to continue reducing its debt.
TC Transcontinental Sells its Industrial Packaging Operations to Hood Packaging Corporation
TC Transcontinental (TSX: TCL.A TCL.B) announces the sale of its industrial packaging operations to Hood Packaging Corporation for a price of US$95 million (about C$132 million 1) subject to working capital adjustments.
TC Transcontinental Sells Industrial Packaging Operations for $95 Mln
TC Transcontinental is selling its industrial packaging operations to family-controlled Hood Packaging for $95 million as the flexible packaging company focuses on core businesses. TC said it expects to use the proceeds from the exit to reduce debt,
Discover the top 3 undervalued Containers & Packaging stocks for Wednesday, October 30 based on AAII’s Stock Grades.
In this era of Industry 4.0, smart packaging innovations offer transformative potential around safety and efficiency.
Foodservice packaging, industrial and JanSan supplies distributor Imperial Dade appointed Jeff Roberts to Senior Vice ...
Honeywell has announced plans to spin off its Advanced Materials (AM) unit, a sub-segment of the company’s Energy and ...
Lancashire Post on MSN6h
Lancashire business that works with L'oreal and Ikea invests £500k to stop your packaging from spillingA Lancashire business has invested £500,000 in a landmark packaging test centre - so your products arrive how they should.
Together for Sustainability: pester pac automation and Solutum Offer Eco-Friendly Packaging Solution
Solutum’s film functions like traditional plastic wrapping film, but at its end of life, it can be composted or will fully ...
When it comes to investing in an industrial printing press, whether for newspapers, magazines, banners, or other large-scale ...
The company signs MoU with the university to strengthen industrial collaborations and to create opportunities for knowledge ...
Crane NXT, Co. (NYSE: CXT) ("Crane NXT" or the "Company"), a premier industrial technology company, today announced that it ...
When countries dispose of steel in landfills, it means they don’t have access to the proper infrastructure to recycle it, ...
Some results have been hidden because they may be inaccessible to you
Show inaccessible results
Feedback