MeadWestvaco sells European tobacco folding carton business
January 22, 2015
By
Alyssa Dalton
Jan. 22, 2015 – Packaging company MeadWestvaco Corp. is selling its European-based tobacco folding carton business to Swedish company AR Packaging Group AB.
Boasting an annual revenue of about $190 million, Richmond, Virginia-based MeadWestvaco makes packaging for tobacco, food and beverage, chocolate and consumer apparel in 30 countries including Canada, U.S., Austria, Poland and Russia.
The company’s sole Canadian plant is in Ajax, Ont., and is responsible for sales, manufacturing, and food and beverage packaging.
— With files from The Canadian Press
Advertisement
Advertisement
Story continue below
Tags
- Intertek taking applicants for 2015 STEM scholarship program
- Chris Bala named VP sales & marketing Hirschmann Car Communication