IN THE NEWS
Breaking news from Pliant.
Read about our company, its products, services, and business updates.
Berry Plastics Corporation Completes Acquisition of Pliant Corporation
Pliant
Corporation is a leading producer of value-added film and flexible
packaging products for personal care, medical, food, industrial and
agricultural markets. Pliant operates 16 manufacturing facilities
around the world, and employs approximately 2,800 people with annual
net sales of $0.9 billion for the twelve months ended September 30,
2009. Barclays Capital acted as the exclusive
financial advisor to Apollo Management, Graham Partners and Berry
Plastics in conjunction with the Pliant restructuring process.
For additional information, please contact:
Diane Tungate
Executive Assistant
Telephone: (812) 306-2370
About
Berry Plastics is a leading manufacturer and marketer of plastic
packaging products. Berry Plastics is a major producer of a wide range
of products, including open top and closed top packaging, polyethylene
and PVC based plastic films, industrial tapes, medical specialties,
packaging, heat-shrinkable coatings, specialty laminates, and FIBCs.
The company's 13,000 plus customers range from large multinational
corporations to small local businesses. Based in
Certain
statements and information included in this release may constitute
"forward looking statements" within the meaning of the Federal Private
Securities Litigation Reform Act of 1995. Such forward-looking
statements involve known and unknown risks, uncertainties and other
factors which may cause the actual results, performance, or
achievements of Berry Plastics to be materially different from any
future results, performance, or achievements expressed or implied in
such forward looking statements. Additional discussion of factors that
could cause actual results to differ materially from management's
projections, forecasts, estimates and expectations is contained in the
company's SEC filings. The company does not undertake any obligation to
update any forward-looking statements, or to make any other
forward-looking statements, whether as a result of new information,
future events or otherwise.
