Silgan expands its closures business

November 17: Silgan Holdings, North America’s leading metal food can manufacturer, has extended its worldwide metal and plastics closures business with the acquisition of IPEC Global, a plastics closure manufacture that supplies the dairy and juice markets.

 

IPEC Global, based in New Castle, Pennsylvania, had sales of $35 million in the past year and was paid for with cash, although the terms were not revealed.

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