Bemis Company has announced that it completed the sale of its Paper Packaging Division. As previously announced, Bemis reached an agreement to sell its Paper Packaging Division to Hood Packaging Corporation, a privately-held company headquartered in Madison, Mississippi and Burlington, Ontario. Terms of the agreement were not disclosed.
XMS Capital Partners, LLC acted as the exclusive financial advisor to Bemis Company for this transaction.
Bemis Company, Inc. is a major supplier of packaging and pressure sensitive materials used by leading food, consumer products, healthcare, and other companies worldwide.