M&A Deal Summary

Sealed Air Acquires Trigon Industries

On January 10, 1995, Sealed Air acquired packaging company Trigon Industries for 57M USD

Acquisition Highlights
  • This is Sealed Air’s 1st transaction in the Packaging sector.
  • This is Sealed Air’s 5th largest (disclosed) transaction.
  • This is Sealed Air’s 1st transaction in New Zealand.

M&A Deal Summary

Date 1995-01-10
Target Trigon Industries
Sector Packaging
Buyer(s) Sealed Air
Deal Type Add-on Acquisition
Deal Value 57M USD

Target

Trigon Industries

New Zealand
Trigon Industries Ltd., manufacture and sale of flexible packaging materials sold primarily for food packaging, durable envelope products for the banking, security and courier industries, and specialty adhesive products in Australasia, Europe and the United States.

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Buyer(S) 1

Buyer

Sealed Air

Charlotte, North Carolina, United States

Category Company
Founded 1960
Sector Packaging
Employees16,400
Revenue 5.4B USD (2024)
DESCRIPTION
Entrance to Sealed Air's corporate headquarters in Charlotte, North Carolina.
Entrance to Sealed Air's corporate headquarters in Charlotte, North Carolina.

Sealed Air is a provider of food safety and security, facility hygiene and product protection. Sealed Air serves an array of end markets including food and beverage processing, food service, retail, healthcare and industrial, and commercial and consumer applications. Sealed Air was formed in 1960 and is based in Charlotte, North Carolina.


DEAL STATS #
Overall 2 of 19
Sector: Packaging M&A 1 of 9
Type: Add-on Acquisition M&A Deals 1 of 14
Country: New Zealand M&A 1 of 1
Year: 1995 M&A 1 of 1
Size (of disclosed) 5 of 5
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
1991-09-01 PolyMask

Conover, North Carolina, United States

PolyMask Corp. is a joint venture between 3M and Sealed Air that produces protective films. PolyMask protective films feature water-based acrylic adhesives, designed specifically for temporary surface protection of carpets, metals, glass, plastic and wood to guard against scratching, marring, chipping, abrasion and UV during production, packaging, shipping and installation.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2000-12-05 Shanklin

Ayer, Massachusetts, United States

Shanklin Corp. is a provider of high-performance shrink film packaging equipment. A manufacturer of a wide range of food, protective and specialty packaging materials and systems.

Buy -