JOHANNESBURG, South Africa (News release) -- Sappi Limited says it will bolster its Packaging and Speciality Papers Business through the acquisition of the barrier film technology of Rockwell Solutions Limited. The transaction will mean that Rockwell Solutions will become a subsidiary of Sappi Europe.
Thomas Kratochwill, Vice President Sales and Marketing, Packaging and Speciality Papers for Sappi Europe said "By gaining access to the barrier film technology of Rockwell Solutions Sappi will be able to accelerate the development of our own solutions and be able to offer our customers an even wider range of barrier coated packaging solutions."
The transaction ensures that there will be no disruption to Rockwell Solutions' ongoing business and customers.
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