Sealed Air acquires AFP

Sealed Air Corporation has further expanded its solutions portfolio and design capabilities with the acquisition of AFP, Inc., a leading, privately held fabricator of foam, corrugated, molded pulp and wood packaging solutions.

By ·

has further expanded its solutions portfolio and design capabilities with the acquisition of ., a leading, privately held fabricator of foam, corrugated, molded pulp and wood packaging solutions. The sale closed August 1, 2018. Sealed Air will discuss the acquisition during its second quarter 2018 earnings conference call Thursday, August 2, 2018 at 10 a.m. ET.

AFP specializes in custom-engineered protective packaging for retail, e-commerce and direct shipping applications. Acquiring the company will allow Sealed Air to better position its fabricated foam innovations such as EcoPure, a sustainable solution made from plant-based resin. AFP generated $125 million in net sales in 2017 and operates six facilities across the U.S. with further presence in Asia and Mexico. Founded in 1978, it employs 260 and is headquartered in Pflugerville, Texas.

“With the acquisition of AFP, coupled with our 2017 acquisition of Fagerdala, Sealed Air will further expand its capability to provide fabricated designs directly to customers in markets such as electronics and transportation,” said, President of Sealed Air’s Product Care division. “Sealed Air will also continue to leverage its established network of strategic fabricator partners, which remains an integral part of the company’s strategy to deliver custom high-performance, sustainable packaging solutions.”


Subscribe to Logistics Management Magazine!

Subscribe today. It's FREE!
Get timely insider information that you can use to better manage your entire logistics operation.


Article Topics

All Topics
Latest Whitepaper
Is It Time For a New Network Strategy?
A successful supply chain network design gives companies a competitive advantage, pinpoints ways to significantly reduce costs, improves service levels, reduces overall cycle times, streamlines all processes and systems used, and more.
Download Today!
From the May 2019 Logistics Management Magazine
May is our Technology Issue, and we’ve devoted the majority of our pages this month to the evolution of the technology toolbox that’s now within our grasp.
The Digital Supply Chain Takes Shape
Top 30 U.S. Ports 2019: Trade tensions determine where cargo goes next
View More From this Issue
Subscribe to Our Email Newsletter
Sign up today to receive our FREE, weekly newsletter!
Latest Webcast
Technology Roundtable: Are you ready for what’s next?
In this webcast LM's group editorial director Michael Levans gathers four top supply chain management technology analysts to discuss how some of the hottest software and technologies is helping logistics and supply chain management professionals streamline their operations to meet the pressing demands of digital commerce and manage through the tightest labor market in a generation.
Register Today!
EDITORS' PICKS
35th Annual Salary Survey: Compensation matters more than ever
While job satisfaction remains the primary reason for today’s logistics managers to stay with one...
2019 Rate Outlook: Pressure Builds
In 2019, the world economy will enter a third straight year of broad-based growth, but many...

2019 Transportation Management Systems (TMS) Market Update: Keeping pace with the times
The transportation management systems market is growing right along with the number of challenges...
The Logistics News that Shaped 2018
Every year at this time, group news editor Jeff Berman combs through the mountain of news that was...
jamie lee curtis fitness movie

автополив hunter

www.proffitness.com.ua