Layfield Group purchases local converting firm
Richmond, B.C.-based poly films manufacturer Layfield Group has announced that it has acquired the assets and busin...
Vision Packaging is a local printer and converter that specializes in laminated packaging consisting of both roll stop or stand up pouches, as well as pressure sensitive labels. According to Layfield, the acquisition will allow the two companies “to complement each other’s strengths.”
“Building on the core competencies of each company enables us to service markets in tandem that we could never have serviced alone,” said Layfield president and CEO Tom Rose in a note on the company’s website.
Layfield’s Poly Films division manufactures mono-layer and co-extruded film and plastic packaging. The planned integration of the two companies operations and networks will see them doing business as Layfield Vision Packaging, noted Rose.
“We at Layfield hope you share our enthusiasm around this news as we are looking forward to the opportunities that will be created as a result of the Vision Packaging acquisition,” said Rose. “This exciting venture will open up the possibility of offering new and existing customers’ new packaging products encompassing a full range of film, printing and converting capabilities.”
Receive the latest news about the Canadian plastics industry in your inbox every Tuesday! Sign up for Canadian Plastics‘ free weekly newsletter.