Transcontinental Inc Announces Transformational Acquisition of Coveris Americas

MONTREAL, Canada—Transcontinental Inc has entered into a definitive agreement to acquire the business of Coveris Americas, a business held by Coveris Holdings S.A., a portfolio company of Sun Capital Partners Inc. The purchase price is $1.32 billion, subject to customary closing adjustments. Coveris Americas is one of the top  converters of flexible packaging and other value-added … Continued