May 15, 2008. /Lesprom.com/. Rosmar Packaging Group announced that it had acquired the business of Gibraltar Packaging Group pursuant to an agreement and plan of reorganization, merger and dissolution. Under the terms of the agreement, a newly-formed corporation owned by the current stockholders of Gibraltar named RPG Merger Sub, Inc. became a wholly-owned subsidiary of Rosmar, the stockholders of such newly-formed corporation became entitled to receive $4.25 in cash, without interest, for each share they owned at the effective time of the merger and Gibraltar was dissolved. Gibraltar Packaging Group designs and manufactures specialty packaging products in facilities located in Nebraska and North Carolina, and markets these products primarily to consumers throughout the United States. Gibraltar’s products include folding cartons, specialty laminated containers and flexible packaging for a wide variety of businesses. Rosmar is a leader in the packaging and printing industry in North America and with this transaction it solidifies its business platform to become a significant independent player in the value-added folding carton, packaging and printing industry in the North American marketplace.