Graham Partners Acquires Berry Global Flexible Biz Private investment firm Graham Partners has com- pleted the acquisition of Berry Global Group Inc.’s North American extrusion, converting, and coating business. Concurrent with the closing, the business will be combined with Graham Partners’ flexible pack- aging portfolio company,Advanced Barrier Extrusions LLC (ABX),which Graham Partners acquired inAugust 2018.The business will operate under the ABX name going forward. Based in Charlotte, North Carolina,ABX is reportedly the beneficiary of several consumer megatrends that are driving growth:A shift in preference toward clean labels, convenience, on-the-go lifestyles, increased spending on fresh foods, heightened focus on food safety, sustainability, and brand/SKU proliferation.ABX reportedly utilizes the latest technologies to produce co-extruded high-barrier films of as many as 11 layers; up to 12 color narrow and wide-web flexographic printed rollstock, bags, and pouches; and solvent and solvent-free laminations.ABX’s packaging solutions are used in a variety of food and healthcare packaging ap- plications. Through this acquisition,ABX expands geographical- ly and increases its revenue by more than $200 million, according to Graham Partners. Yerecic Label Reduces Water With Flexo Wash Units In an effort to reduce its water usage,Yerecic Label purchased 5 FlexoWash self-contained anilox cleaning units along with a Flexo Wash plate cleaning system. The equipment has been installed for almost 8 years and has reduced the amount of water needed to clean print tooling. The company said it has reduced its water consump- tion by 61 percent since 2010 and is aiming for addi- tional 2 percent decreases in upcoming years. Omet Hosts Digital Open House Omet showcased its new Varyflex V4 during the live streaming open house “Packaging Revolution” on De- cember 3. This machine has been designed for the flexible packaging printing and converting industry. Printers were also shown the opportunities the press provides by bringing together various printing and drying tech- nologies such as offset sleeve, gravure, flexo, UV or electronic beam (EB).
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