Sonoco acquires packaging assets and business of Wycon Corporation

Strengthens flexible packaging capacity with the acquisition.

28/02/06 Sonoco, the global packaging company, has acquired the packaging assets and business of Wycon Corporation, a Waco, Texas-based flexible packaging subsidiary of privately held Seville Flex Pack Corporation, it was announced by Charles L. Sullivan, executive vice president. The purchase price was not disclosed.

The asset purchase includes Wycon's 135,000-square foot facility in Waco, which operates two 12-color rotogravure presses.

In addition to the new Wycon plant, Sonoco operates six other flexible packaging converting facilities and two rotogravure cylinder engraving facilities located in the Eastern U.S. and Canada. Sonoco is a leader in sophisticated printed flexible packaging, providing a full range of services and high barrier/performance laminating capabilities to consumer product companies who serve the gum, confectionery, hard baked goods, processed foods, snack foods, coffee, beverages, home and personal care products and pet foods markets.

Founded in 1899, Sonoco is a $3.5 billion global manufacturer of industrial and consumer products and provider of packaging services, with more than 300 operations in 35 countries, serving customers in 85 nations.

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