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Nefab acquires US Chick Packaging
2010-09-17

Packaging Europe

 

Nefab acquires US Chick Packaging

 

Nefab, a global industrial packaging company headquartered in Sweden, has announced the acquisition of Chick Companies, the preeminent US industrial packaging company, headquartered outside of Dallas, Texas. Chick is the North American leader in industrial packaging solutions and services, with over 600 employees at 17 different locations in the US and one in Germany.



“Strategically, Chick is a key acquisition for Nefab, giving us a strong presence in the important North American market. This significantly increases our global capability in delivering complete packaging solutions worldwide to our customers. Through Chick’s expertise and excellent reputation, we can add solutions and services for a number of important customer segments including power generation, medical and telecom/electronics packaging”, commented Stefan Ekqvist, President and CEO of Nefab.



“Our businesses and geographical scope are highly complementary, which will give the new organization both a strong position among multinationals, based in the US, and a global customer base through Nefab’s present network”, said Mr Ekqvist.



“We believe this is a perfect fit for Chick. Nefab, with its global presence, coupled with our dominant position in the U.S. market will be a winning combination for our customers”, commented Brian Bulatao, CEO of Chick. The new organization will have more than 40 manufacturing sites in the Americas, Europe and Asia, and nearly 2,900 employees.



More info:
www.nefab.com

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