Client: Sealright Company, Inc. (Nasdaq:SRCO)
Transaction: Sale of Paperboard Operations to Huhtamaki Oyj (HEX:HUHIV)
Industry: Plastics & Packaging - Flexible / Specialty
Manufacturing - Plastics & Packaging
Service: Sell-Side Advisory
Owner: Publicly Traded
Details: Sealright Company, Inc. (Nasdaq:SRCO) sold its Paperboard Operations to Huhtamaki Oyj (HEX:HUHIV), a Finland-based consumer and specialty packaging company. Sealright operated as a food and beverage packaging manufacturer with a leading market position in premium paperboard packaging and a meaningful market presence in flexible packaging. In conjunction with the sale of the Paperboard Operations, Sealright completed a spin off of its flexible packaging business into a separate publicly-traded entity, JPS Packaging (Nasdaq:JPSP).

Legal & Compliance