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Stock impact report

Sealed Air to Acquire Automated Packaging Systems

Sealed Air Corporation (SEE) 
Last sealed air corporation earnings: 2/11 07:00 am Check Earnings Report
US:NYSE Investor Relations: ir.sealedair.com
Company Research Source: Business Wire
Expands Automation, Technical Service and Sustainable Packaging Offerings Broadens portfolio to drive growth in e-commerce, fulfillment and food packaging markets Extends leading automation, direct service expertise and total systems approach Drives incremental growth and synergies; accretive to Adjusted EBITDA CHARLOTTE, N.C.--(BUSINESS WIRE)-- Sealed Air Corporation (NYSE: SEE) today announced it has signed a definitive agreement to acquire Automated Packaging Systems, Inc. (APS), a leading manufacturer of high-reliability, automated bagging systems, for a purchase price of $510 million on a cash and debt free basis. APS provides full flexible packaging systems, including industry leading equipment, sustainable materials and technical services. Known for inventing Autobag® bagging machines and pre-opened bags on a roll, APS also Show less Read more
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