M&A Deal Summary

Bemis Acquires Viskase - Plastic Shrink Film Business

On August 31, 2000, Bemis acquired plastics company Viskase - Plastic Shrink Film Business from Viskase Companies for 245M USD

Acquisition Highlights
  • This is Bemis’ 2nd transaction in the Plastics sector.
  • This is Bemis’ 2nd largest (disclosed) transaction.
  • This is Bemis’ 5th transaction in the United States.
  • This is Bemis’ 1st transaction in Illinois.

M&A Deal Summary
Date 2000-08-31
Target Viskase - Plastic Shrink Film Business
Sector Plastics
Buyer(s) Bemis
Sellers(s) Viskase Companies
Deal Type Divestiture
Deal Value 245M USD

Target

Viskase - Plastic Shrink Film Business

Darien, Illinois, United States
Viskase - Plastic Shrink Film Business is a manufacture of cellulosic and nylon casings used in the preparation and packaging of processed meat products.

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Buyer(S) 1

Buyer

Bemis

Neenah, Wisconsin, United States
Category Company
Founded 1858
Sector Packaging
Employees17,696
Revenue 4.0B USD (2017)
DESCRIPTION
Bemis' corporate headquarters in Neenah, Wisconsin.
Bemis' corporate headquarters in Neenah, Wisconsin.

Bemis Company, Inc. is a multinational supplier of flexible packaging used by food, consumer products, medical, and pharmaceutical companies. Bemis also supplies pressure sensitive adhesive coated materials globally to label, signage, medical and graphics companies. Bemis was formed in 1858 and is based in Neenah, Wisconsin.

DEAL STATS #
Overall 6 of 18
Sector (Plastics) 2 of 3
Type (Divestiture) 1 of 8
State (Illinois) 1 of 2
Country (United States) 5 of 10
Year (2000) 1 of 2
Size (of disclosed) 2 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
1999-01-18 The Kelch

Sheboygan Falls, Wisconsin, United States

The Kelch Corporation a designer and manufacturer of plastic products for holding, transferring and measuring fuel and other fluids. Kelch specializes in manufacturing plastic tanks, caps, gauges and sensors for non-automotive applications.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2000-09-11 Kanzaki Specialty Papers - Pressure Sensitive Business

Springfield, Massachusetts, United States

Kanzaki Specialty Papers - Pressure Sensitive Business is a supplier of direct thermal pressure sensitive products to printers for labels used for bar coding, shipping and inventory labeling, and a variety of other end uses.

Buy -

Seller(S) 1

SELLER

Viskase Companies

Darien, Illinois, United States
Category Company
Founded 1925
Sector Packaging
DESCRIPTION

Viskase Companies, Inc. is a food packaging industry. Viskase products manufactured are cellulosic and nylon casings used in the preparation and packaging of processed meat products.

DEAL STATS #
Overall 1 of 1
Sector (Plastics) 1 of 1
Type (Divestiture) 1 of 1
State (Illinois) 1 of 1
Country (United States) 1 of 1
Year (2000) 1 of 1
Size (of disclosed) 1 of 1
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2017-01-06 Walsroder Casings

Walsrode, Germany

Walsroder Casings GmbH is a manufacturer of artificial sausage casings made of cellulose fibre and plastics. Walsroder Casings was founded in 2008 and is based in Walsrode, Germany.

Buy -
Mergr

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