Bemis Company Acquires Mayor Packaging of Hong Kong

Montag, 01.08.2011 22:05 von Hugin - Aufrufe: 210

NEENAH, WISCONSIN, August 1, 2011 - Bemis Company, Inc. (NYSE-BMS) today
announced that it has acquired Mayor Packaging, a privately-owned manufacturer
of consumer and specialty flexible packaging including a manufacturing facility
in Dongguan, China.  Financial terms of the transaction were not disclosed.
 This transaction does not impact earnings per share guidance for 2011.
 
"This acquisition supports our strategy to enhance our presence in the Asia-
Pacific region," said Henry Theisen, President and Chief Executive Officer of
Bemis Company, Inc.  "The high barrier, flexible packaging operation in Dongguan
is a state-of-the art facility that serves food and consumer product companies
around the world.  The addition of Mayor Packaging complements our existing
Asia-Pacific capabilities with a talented management team and an excellent
workforce, providing Bemis a strong platform from which to expand in the
future."
 
Statements in this release that are not historical are considered "forward-
looking" and are subject to certain risks and uncertainties.  Actual future
results and trends may differ materially from historical results or those
projected in any such forward-looking statements depending on a variety of
factors, including the impact of currency, changes in cost or availability of
raw materials, and consumer buying patterns under certain economic conditions.
 Additional factors are detailed in the Company's regular SEC filings including
the most recently filed Form 10-K for the year ended December 31, 2010.
 
ABOUT BEMIS COMPANY, INC.
Bemis Company is a major supplier of flexible packaging and pressure sensitive
materials used by leading food, consumer products, healthcare, and other
companies worldwide.  Founded in 1858, the Company is included in the S&P 500
index of stocks and reported 2010 net sales of $4.8 billion.  The Company's
flexible packaging business has a strong technical base in polymer chemistry,
film extrusion, coating and laminating, printing, and converting.  Headquartered
in Neenah, Wisconsin, Bemis employs over 20,000 individuals worldwide.  More
information about the Company is available at our website,www.bemis.com.
 
###
 
Bemis Company, Inc.
One Neenah Center, 4thFloor
P.O. Box 669
Neenah, Wisconsin  54957-0669
 
For additional information please contact:
 
Melanie E. R. Miller
Vice President, Investor Relations and Treasurer
(920)527-5045
 
Kristine Pavletich
Public Relations Specialist
(920)527-5159
 
This announcement is distributed by Thomson Reuters on behalf of
Thomson Reuters clients. The owner of this announcement warrants that:
(i) the releases contained herein are protected by copyright and
other applicable laws; and
(ii) they are solely responsible for the content, accuracy and
originality of the information contained therein.

Source: Bemis Company Inc via Thomson Reuters ONE
 
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