Sonoco internal flexible packing merger
Sonoco has announced the merger of two of its subsidiaries within the company’s flexible packaging division.
The US packing giant said it is to combine its Trident and Keating businesses into a single unit worth more than $40m.
The move will boost its market position, save costs and increase productivity, said the company. Trident, which employs around 250 people, is a packaging pre-press service. Keating is a supplier of pre-press graphics in North America with fully automated rotogravure cylinder engraving operations. The new business will operate under the Trident name.
Rob Tiede, vice president, Global Flexibles and Services, said: “In bringing the two operations together, we are creating a more diverse business with expanded graphics and service capabilities throughout North America, a goal that has been important to both Trident and Keating.”
