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Rexam To Make Cash Offer for Airspray Shares
Posted: February 22, 2006
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“The business has grown rapidly in recent years, and Rexam will provide a good platform, enabling us to pursue the next phase in our growth strategy.”“Airspray is an innovative, high growth business based on patented technologies and know-how,” said Lars Emilson, chief executive, Rexam. “The acquisition is a further step in the expansion of our plastic packaging operations, and will broaden our dispensing systems product offering globally. We also see substantial synergies in marketing, purchasing and manufacturing, with longer term potential to develop new pump products and ranges.”