Ampac Acquires Sealed Air Business

Published: June 27, 2007, By pffc-online.com

PRESS RELEASE

CINCINNATI, OH—Ampac Packaging has acquired Sealed Air Corp.'s Trigon Security Products business and related assets in North America and Europe. The transaction includes the purchase of assets from operations located in Kent, WA and Melbourn, UK.

The purchase includes the KeepSafe Gold, Silver, and Bronze security bag product line which is used by financial institutions, armored carriers and retailers for the depositing and shipping of cash, checks and other valuables. The acquisition of the KeepSafe brand adds a patented thermochromic ink closure to Ampac’s already robust security bag offerings. (Thermochromic inks located within the void tape, permanently change color when a heat device is used to breach the seal.)

Operations from the Kent plant will be transferred to Ampac’s primary manufacturing facility in Cincinnati and will operate under the company’s Retail Packaging Group, headed by Chad Murdock, VP, retail sales. See ampaconline.com.