DuPont sells Liqui-Box unit to Sterling Group investment firm

Chemical giant DuPont has sold its Liqui-Box Corporation unit to Houston-based private equity firm Sterling Group LP.

The terms of the transaction have not been disclosed.

Headquartered in Worthington, Ohio, DuPont’s Liqui-Box division is a supplier of bag-in-box flexible packaging to the global dairy, beverage and bulk food markets. Bag-in-box packaging is primarily used in the foodservice industry to package dairy mix for milkshakes and coffee drinks, fountain beverage syrup and pumpable liquid foods such as food concentrates and sauces. Liqui-Box also produces pouches and rigid plastic water bottles. The company’s product offering includes consumables, such as so-called “fitmented” bags and pouch films, as well as filling machines.

“The entire Liqui-Box team is energized to partner with Sterling who has a proven track record of successfully transitioning unique, specialty businesses like ours to more nimble, stand alone companies and equipping them for future growth. We look forward to executing on a number of initiatives to expand our business and enhance our delivery of top quality products to our customers,” said Roszann Graham, CEO of Liqui-Box.