Companies will Provide Complete Form-fill Seal Packaging Solutions
EVANSVILLE, Ind. & GORDONSVILLE, Va.--(BUSINESS WIRE)--Mar. 12, 2015--
Today, Berry Plastics Group, Inc. (NYSE: BERY) and Klöckner
Pentaplast Group, announced that the companies recently entered into a
marketing alliance to offer innovative form-fill seal packaging
solutions, on a global basis to the food, consumer, pharmaceutical, and
medical markets. Klöckner Pentaplast manufactures multiple types of
forming films used to produce trays, while Berry Plastics manufactures
non-forming lid stock films using various sealant chemistries.
“We are very excited to enter into this agreement with Klöckner
Pentaplast,” said Greg Kughn, Sales Development Director for Berry
Plastics’ Flexible Packaging division. “By marketing our products
together, we will serve as a single source for our customers and have
the ability to offer a complete solution for some of the most demanding
packaging.”
With nearly 100 years of combined experience, Klöckner Pentaplast and
Berry Plastics are able to engineer specific solutions to meet
customers’ performance criteria, including seal and peel, gas barrier,
clarity, heat resistance, and post-consumer recycled content.
“By forming an alliance to combine the skills and talents of our two
companies, we can immediately offer the market an extensive portfolio of
packaging solutions,” said Jeffrey Best, Director of Strategic Business
Development for Klöckner Pentaplast. “The scale and capabilities of the
two companies provide a great platform for creating value for customers
and driving innovative packaging development and is another example
where Klöckner Pentaplast is co-developing innovative products,
solutions and business models to better serve our customers.”
About Klöckner Pentaplast
The Klöckner Pentaplast Group is a global leader in providing packaging,
printing, and specialty solutions serving the pharmaceutical, medical
device, food, beverage, and card markets among others. With a broad
portfolio of rigid plastic films and services powered by innovation, kp
plays an integral role in the customer value chain by marketing and
protecting product integrity, safety, consumer health, and, ultimately,
brand reputation. Founded in 1965, Klöckner Pentaplast has grown from
its initial facility in Montabaur, Germany, to current operations in 12
countries with 18 production sites. The company has sales of over €1,191
million and employs more than 3,000 people committed to serving
customers worldwide. The Klöckner Pentaplast Group is wholly owned by an
investor group led by SVP Global. For more information, visit our web
site at www.kpfilms.com.
About Berry Plastics
Berry Plastics Group, Inc. is a leading provider of value-added plastic
consumer packaging and engineered materials delivering high-quality
customized solutions to our customers with annual net sales of $5
billion in fiscal 2014. With world headquarters in Evansville, Indiana,
the Company’s common stock is listed on the New York Stock Exchange
under the ticker symbol BERY. For additional information, visit the
Company’s website at www.berryplastics.com.
Forward-looking statements
Certain statements and information included in this release may
constitute "forward looking statements" within the meaning of the
Federal Private Securities Litigation Reform Act of 1995. Such
forward-looking statements involve known and unknown risks,
uncertainties and other factors which may cause the actual results,
performance, or achievements of Berry Plastics to be materially
different from any future results, performance, or achievements
expressed or implied in such forward looking statements. Additional
discussion of factors that could cause actual results to differ
materially from management’s projections, forecasts, estimates and
expectations is contained in the companies' SEC filings. The companies
do not undertake any obligation to update any forward-looking
statements, or to make any other forward-looking statements, whether as
a result of new information, future events or otherwise.
Source: Berry Plastics Group, Inc.
Klöckner Pentaplast Group
Susian Brooks, +1-540-832-1427
s.brooks@kpfilms.com
or
Berry
Plastics Group, Inc.
Eva Schmitz, 812-306-2424
evaschmitz@berryplastics.com