Sappi Limited 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, as the company says in the press release received by Lesprom Network.
Commenting on the transaction, 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.
Sappi is one of the world’s leading producers of speciality papers and carton board with a strong presence in meeting the increased global demand for sustainable barrier paper solutions.
