Hilex Poly recently announced that it entered into an agreement to acquire Duro Bag Manufacturing Company.
Terms of the deal were not disclosed.
"The acquisition of Duro Bag will enable us to expand our portfolio of 100 percent recyclable products to meet customer demands as well as broaden our reach to other market segments," said Stan Bikulege, Chairman and CEO of Hilex Poly.
Duro Bag is one of the leading providers of point-of-purchase paper bags in the United States to markets such as food service, specialty retail, grocery, and mass merchant.
