2014

Scholle Packaging Acquires Controlling Interest In Brazilian Pouch And Flexible Packaging Manufacturer Flexpack

VINHEDO, Brazil, Jan. 9, 2013 /PRNewswire/ -- Scholle Packaging LTDA, a leading provider of flexible performance packaging solutions in Latin America, announced today that they have acquired controlling interest in the assets of Brazil-based flexible packaging manufacturer Flexpack.

(Photo: http://photos.prnewswire.com/prnh/20130109/CG37163)

Flexpack designs, manufactures, and provides stand-up pouch packaging, barrier films, and performance packaging for the Latin American market for applications such as: processed meats, sauces, fresh pasta, dairy products, nuts, automotive fluids, healthcare, and pharmaceutical products.

"For our customers, Flexpack's expertise in pouch, stand-up-pouch designs, and rollstock manufacture creates a broader portfolio of product and services; complementing Scholle's bag-in-box offering in retail, business-to-business, and institutional channels across Latin America. It will also give us an excellent opportunity to access new segments in which to offer our integrated performance packaging solutions", said Roberto Bucker, Managing Director of Scholle Packaging Latin America.

Serge Leroy Moura, shareholder and Commercial Director for Flexpack said: "We are very pleased to become a part of the Scholle family and look forward to leveraging their decades of aseptic processing, filling equipment technology, and fitment engineering experience." "This will help us accelerate our success in bringing unique, performance-based solutions to the Latin American market," said Andre Luiz Moriz, shareholder and Market Development Director for Flexpack.

Flexpack will move its manufacturing base to Vinhedo, Brazil, continuing to design, manufacture and provide flexible packaging that feature Scholle Packaging's key product traits: safe, natural, economic, and sustainable. For more information on Flexpack, please visit www.flexpack.com.br.

ABOUT SCHOLLE PACKAGING:

Scholle Corporation is a privately-held company headquartered in Irvine, California that provides performance-based packaging solutions to multi-national companies who in turn serve millions of people on a daily basis. Scholle's focus on value-added packaging solutions and aseptic processing capabilities brings their customers the ability to provide products to a wide range of global markets as naturally, safely, economically, and sustainably as possible.

www.scholle.com.

ABOUT FLEXPACK

Flexpack is a Brazil-based flexible packaging design and manufacturer specializing in pouch technology. Flexpack's focus remains on the development of unique and innovative packaging that optimizes the relationship between packaging and the products they contain.

www.flexpack.com.br

SOURCE Scholle Packaging



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