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Sigma Plastics acquires Southern Film Extruders

In a bid to expand its industrial polyethylene film business, Sigma Plastics Group has acquired Southern Film Extruders, Inc., a manufacturer of polyethylene films.


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October 6, 2013 by Canadian Plastics

In a bid to expand its industrial polyethylene film business, Sigma Plastics Group has acquired Southern Film Extruders, Inc., a manufacturer of polyethylene films.

The terms of the deal have not been disclosed.

In an October 3 news release, Sigma Plastics chairman and CEO Alfred Teo said that High Point, N.C.-based Southern “is a well-established, reputable company that complements our industrial film expansion strategy.”

With 175 employees, High Point, N.C.-based Southern Film Extruders generated sales of US$70 million in 2012. The company filed for bankruptcy earlier this year.

Lyndhurst, J.J.-based Sigma Plastics is a manufacturer of extruded polyethylene
film and bags. The company describes itself as North America’s largest privately held film manufacturer.