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Crawford Packaging Inc., London, Ontario, has acquired Celplast Packaging Systems Ltd and BVM USA. Terms of the transactions were not disclosed.
Celplast is a leading provider of shrink films, food trays and lids, lidding films and heat sealable films. The Company also has a deep line of packaging equipment for a variety of markets including food and produce packaging, beverage, print and publishing, building materials, contract packaging and industrial manufacturing.
BVM USA is the North American distribution arm of BVM Brunner equipment, based in Germany. BVM specializes in manufacturing innovative packaging machines.
The addition of Celplast Packaging Systems Ltd and BVM USA aims to strengthen Crawford’s existing “Shrink It Right” packaging program. Shrink It Right is Crawford Packaging’s shrink wrap program that identifies areas of inefficiency and offer improvements that can reduce costs by up to 30 percent.
Both companies will become divisions of Crawford Packaging, who will assist Celpast and BVM USA during the expansion period.