Crawford Packaging Inc. completes acquisition of Celplast Packaging Systems Ltd and BVM USA

LONDON, Ontario - May 2, 2018 - PRLog -- Crawford Packaging Inc. is pleased to announce it has completed the acquisition of Celplast Packaging Systems Ltd and BVM USA.

Celplast is a leading provider of shrink films, food trays and lids, lidding films and heat sealable films. The Company also has a deep line of packaging equipment for a variety of markets including food and produce packaging, beverage, print and publishing, building materials, contract packaging and industrial manufacturing.

BVM USA is the North American distribution arm of BVM Brunner equipment, based in Germany. BVM specializes in manufacturing high-quality innovative packaging machines.  Since 1985 BVM has established its position among the leading manufacturers of shrink, overwrap, bundling, supplies transport and feeding equipment on the international market.

This acquisition represents Crawford's commitment to grow and expand their offering of products and expertise to clients across North America. The addition of Celplast Packaging Systems Ltd and BVM USA aims to strengthen Crawford's existing "Shrink It Right" packaging program. Shrink It Right is Crawford Packaging's shrink wrap program that identifies areas of inefficiency and offer improvements that can reduce costs by up to 30%.

"We are thrilled to be joining the Crawford Packaging team," states Celplast President John MacDougall. "By joining Crawford, we will be able to leverage our focused expertise to the very large Crawford customer base. The other benefit is the expanded product offering we will bring to our clients. Crawford is a turn-key provider of packaging equipment and supplies across North America and we're very excited about how that can help Celplast customers."

Celplast Packaging Systems Ltd and BVM USA will continue to operate independently for the forseeable future to ensure the focus continues to be providing world class solutions and service to customers . Moving forward both companies will become divisions of Crawford Packaging, who will assist Celpast and BVM USA during the expansion period.

"This purchase just reaffirms our goal to offer the best products and services we can to our clients," stated Crawford Packaging Inc's President John Ashby. " Celplast and Crawford have very similar approaches to market and cultures. We are very fortunate to able to bring the talent and experience of the Celplast employee group into the Crawford team."

About Crawford Packaging

Crawford Packaging is a North American provider of innovative packaging solutions providing clients with full-service solutions ranging from fully automated equipment to the daily supplies needed to keep packaging operations running at peak performance. The Company improves clients' business performance through analysis, recommendation and implementation of packaging solutions. Company information at www.crawfordpackaging.com.