German industrial packaging firm Mauser Group has acquired the manufacturing assets of MaschioPack North America for an undisclosed amount.
MaschioPack North America is engaged in manufacturing 275-gallon and 330-gallon Intermediate Bulk Containers (IBC).
The acquisition of MaschioPack North America from Colonial Group is a part of Mauser’s effort to expand its North American IBC footprint as well as supply additional manufacturing support for its reconditioning affiliate, National Container Group (NCG).
Mauser USA president and CEO Glenn Frommer said: “We are excited to further expand our presence in the Southeastern US market.
“This acquisition provides us the opportunity to more effectively service our North American customers while at the same time, welcoming new customers into our family.”
Mauser said it will continue to supply former MaschioPack customers from the Atlanta location. It also plans to invest in MaschioPack’s facility to align it with other Mauser product offerings.
Mauser new markets and business development director Jeff DeLiberty said: “IBCs and reconditioned packaging are the two fastest growing segments within the industrial packaging industry.
“These assets will not only serve as a critical part of Mauser’s growth strategy in North America, but will also provide the necessary support for NCG as the reconditioning industry continues to expand.”
Mauser, a subsidiary of Stone Canyon Industries, produces industrial packaging solutions for the customers in the chemical, agrochemical, petrochemical and pharmaceutical sectors. It also serves the food and beverage industries.
Employing more than 5,000 people, the firm offers products which include plastic packaging, fiber drums, steel drums, IBCs and reconditioning services.
MaschioPack North America operates a manufacturing plant in Atlanta, Georgia, US, comprising two blow molders as well as two metal fabricating cage lines.
Recently, Mauser’s NCG has established a joint venture (JV) with Noreko in Scandinavia.
NCG acquired a 51% stake in Noreko AS. The newly established JV will expand NCG’s geographical presence to Scandinavia.