HARTSVILLE, S.C., May 30 /PRNewswire-FirstCall/ -- Sonoco, (NYSE: SON)
the global packaging company, today completed the acquisition of certain
point-of- purchase (P-O-P) display and packaging fulfillment assets of
Markson Rosenthal & Co. The assets were acquired by way of an auction
conducted by the U.S. Bankruptcy Court for the District of New Jersey, as
part of Markson Rosenthal's Chapter 11 filing. Terms of the acquisition
were not disclosed.
(Logo: http://www.newscom.com/cgi-bin/prnh/19991006/SNCLOGO)
"We are pleased to have been successful in obtaining these assets,
which include display design and packaging fulfillment operations in
Bolingbrook, Ill. These operations tie well with Sonoco's existing P-O-P
and service center operations in the United States," said Charles Sullivan,
executive vice president of Sonoco's global consumer packaging and services
operations. "Following our acquisition of CorrFlex Graphics in 2004, we
have been working to expand our point-of-purchase display and fulfillment
operations to meet the needs of our customers. We will continue to look for
opportunities to further build this important business."
Sonoco is a leading provider of strategic packaging displays and
service solutions for retail-focused customers. The company operates 21
locations world-wide including service centers, point-of-purchase
manufacturing facilities, sales and design offices and a brand artwork
management center. The Company's Services operations include designing,
manufacturing, assembling, packing and distributing temporary,
semipermanent and permanent point-of-purchase displays and supply chain
management services including contract packaging, fulfillment and scalable
service centers. Sonoco serves a number of consumer packaged goods
companies, including those serving markets in personal care, beauty,
healthcare, electronics, hosiery, confectionery, home and garden, sporting
goods, office supplies and pharmaceuticals.
About Sonoco
Sonoco, founded in 1899, is a $3.5 billion global manufacturer of
industrial and consumer packaging products and provider of packaging
services, with more than 300 operations in 35 countries serving customers
in some 85 nations. For more information on Sonoco, visit our Web site at
http://www.sonoco.com.
SOURCE Sonoco
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Related links:
http://www.sonoco.com/
Photo Notes:
NewsCom: http://www.newscom.com/cgi-bin/prnh/19991006/SNCLOGO
AP Archive: http://photoarchive.ap.org
PRN Photo Desk, photodesk@prnewswire.com
CONTACT:
Allan V. Cecil, Vice President, Sonoco,
+1-843-383-7524, or allan.cecil@sonoco.com
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