M&A Deal Summary |
|
|---|---|
| Date | 2016-04-11 |
| Target | Innovia Group - Cellulose Film Business |
| Sector | Packaging |
| Buyer(s) | Futamura Chemical Co. |
| Sellers(s) | Innovia |
| Deal Type | Divestiture |
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Futamura Chemical Co. Ltd. is a manufacturer of food packaging plastic films, including BOPP films (biaxially oriented polypropylene films), and is second in the world in terms of share in cellulose films produced from plant-derived materials such as wood.
| DEAL STATS | # |
|---|---|
| Overall | 1 of 1 |
| Sector: Packaging M&A | 1 of 1 |
| Type: Divestiture M&A Deals | 1 of 1 |
| Country: United Kingdom M&A | 1 of 1 |
| Year: 2016 M&A | 1 of 1 |
Innovia makes high-tech transparent and coated films for packaging and labels. Its bi-orientated polypropylene (BOPP) films are extruded from oil through a unique 'bubble’ technology. It is also the only scale manufacturer of cellulose film made from wood pulp (Cello) outside Japan.
| DEAL STATS | # |
|---|---|
| Overall | 1 of 1 |
| Sector: Packaging M&A | 1 of 1 |
| Type: Divestiture M&A Deals | 1 of 1 |
| Country: United Kingdom M&A | 1 of 1 |
| Year: 2016 M&A | 1 of 1 |
