Industrial packager Mauser buys Varicon Solutions for North American expansion
In a move to strengthen its industrial container base in North America, industrial packager Mauser AG has acquired Greenville, S.C.-based plastic drum maker Varicon Solutions.
February 19, 2012 by Canadian Plastics
The financial terms of the deal have not been disclosed.
Mauser, headquarterd in Bruhl, Germany, will assume Varicon’s operations that use virgin and post-consumer high density polyethylene to make tight-head and open-head drums. National Container Group, a Mauser sister company, will take over Varicon’s drum reconditioning activities.
According to a press release, Mauser plans to move Varicon’s operations in Greenville and in Cleveland, Ohio, to Mauser’s existing facility in Charlotte, N.C.
“Varicon is well-known as a manufacturer, particularly of containers made out of PCR resin, and as a service provider of plastic drums,” the release stated. ““This acquisition is another milestone supporting our worldwide growth strategy and enables us to meet the increasing requirements for plastic packaging made out of PCR resin including all related services in the Southeastern U.S.”