Sealed Air Acquires Austin Foam Plastics
August 7, 2018
Sealed Air has acquired engineered packaging solutions company Austin Foam Plastics Inc., the two firms announced.
“This acquisition allows AFP to act for the future together with one of our strongest and most loyal suppliers, Sealed Air,” says April O’Hearn Abello, AFP’s chief executive officer. “The combination of Sealed Air and AFP will provide a powerful and unique global value proposition to our customers, employees, and suppliers.”
Sealed Air is a materials supplier, but it did not previously have the fabrication capability required to design and deliver solutions to end users. The acquisition is expected to provide that functionality.