AGI Global Holdings Coöperatief and AGI-Shorewood Group US Holdings (together ASG) are to sell their North American and Asian print businesses to Multi Packaging Solutions (MPS).
The acquisition of ASG, a manufacturer of print and packaging in the US, Canada, Mexico and China, will further expand MPS’ global network and customer base.
Marc Shore, CEO of Multi Packaging Solutions, says: “We are pleased about the addition of ASG to the MPS family. Both companies share a common vision: to provide innovative products of the highest quality to serve our customers on a local and global basis. We look forward to working together as a cohesive team to enhance our offering to our customers and achieve our strategic goals.”
Mike Jackson, chairman of ASG, says: “We are pleased to announce this transaction, which will be beneficial to our customers and our associates throughout North America and Asia. We are proud of the high quality and innovative print packaging we have designed and delivered to leading home entertainment and packaged goods manufacturers in the US, Canada, Mexico and China. And we believe that MPS will be an excellent home for our more than 1,600 associates at our seven plants in these countries.”
