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Bemis completes Walki acquisition

Bemis has completed its purchase of the Walki Films business of UPM-Kymmene for approximately $68.5M (see October issue). The deal includes plants in Valkeakoski, Finland, and Epernon, France, specializing in high barrier vacuum and modified atmosphere packaging.

US based Bemis is a major worldwide supplier of flexible packaging and pressure sensitive materials. The company reported 2001 sales of $2.3 billion. It employs about 12,000 individuals in 50 manufacturing facilities around the world.

More information from: Melanie E. R. Miller, Bemis – TEL: +612 376 3030.