Sealed Air Acquires B+ Equipment
CHARLOTTE, N.C. – Sealed Air (NYSE: SEE) announced the acquisition of B+ Equipment, a company headquartered in France that designs, manufactures and services automated packaging equipment for order fulfillment operations.
The acquisition includes B+’s proprietary flagship I-Pack® system and the newly introduced e-Cube™ system, both of which provide intelligent, high-velocity fulfillment – which is especially impactful in the area of e-commerce. Sealed Air has had a long-standing relationship with B+, as the exclusive licensee of the I-Pack® system in North America, Australia, and New Zealand for more than five years.
“The Sealed Air acquisition strategy is focused on best-in-class, disruptive technologies that extends our leadership position. The acquisition of B+ further solidifies Sealed Air’s position in the growing e-commerce market with a solution that focuses on reducing the cost of shipping and increasing productivity,” said Kenneth P. Chrisman, President, Product Care.
Sealed Air Corporation creates a world that feels, tastes and works better. In 2014, the Company generated revenue of approximately $7.8 billion by helping our customers achieve their sustainability goals in the face of today’s biggest social and environmental challenges. Our portfolio of widely recognized brands, including Cryovac® brand food packaging solutions, Bubble Wrap® brand cushioning and Diversey® cleaning and hygiene solutions, enables a safer and less wasteful food supply chain, protects valuable goods shipped around the world, and improves health through clean environments. Sealed Air has approximately 24,000 employees who serve customers in 175 countries. To learn more, visit www.sealedair.com.
Product Care is a division of Sealed Air. To learn more about Product Care, visit http://www.sealedair.com/company/product-care.
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