Exopack Sells Newmarket Film Business
- Published: June 24, 2008
SPARTANBURG, SC | Dynamic Solutions Unlimited has purchased Exopack Holding Corp.’s film business in Newmarket, ON, Canada. For more than 50 years, Newmarket has been supplying high quality single and multi-layer polyethylene films to customers involved in package converting operations, form-fill-seal applications, and shrink bundling.
With the recent acquisition of its Whitby, ON, performance films production facility from DuPont LiquiBox, Exopack made the decision to sell its Newmarket business. This decision came after careful analysis of product mix and fit with the rest of the organization.
Dynamic Solutions Unlimited is a supplier of a variety of packaging materials and services. Rosie Jaipaul, owner of Dynamic Solutions, is a 20-year veteran in the packaging industry with experience in materials, structures, applications, and product development for both printed and unprinted products.
The company, certified by the Minority Supplier Diversity Council as an accredited MBE, has been looking to expand. The Newmarket film business was identified as an ideal fit for their needs.
Ms. Jaipaul commented, “This business opportunity complements our other packaging offerings very well. The Newmarket business will allow Dynamic Solutions Unlimited to strengthen and grow our value-based solutions to the marketplace. We are excited about the possibilities and our future outlook."
Terms of this transaction were not disclosed.
