Client: JPS Packaging Corporation (Nasdaq:JPSP)
Transaction: Sale to Pechiney Plastic Packaging, Inc., a subsidiary of Pechiney S.A. (NYSE:PY)
Industry: Plastics & Packaging - Flexible / Specialty
Manufacturing - Plastics & Packaging
Service: Financial Advisory
Owner: Publicly Traded
Details: JPS Packaging Company (Nasdaq:JPSP) was sold to Pechiney Plastic Packaging, a subsidiary of Paris-based Pechiney S.A. (NYSE:PY), an international manufacturer with core businesses in primary aluminum, aluminum fabricated products and high value-added packaging. JPS Packaging was a manufacturer and marketer of flexible plastic packaging and labeling products for use by customers in the food and beverage industry and other markets. We acted as financial advisor to the Board of Directors and rendered a fairness opinion in conjunction with the transaction.

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