Technology collaboration eliminates mass and consolidates parts.
Will include senior management from both companies, with offices across Canada.
$1.32 billion purchase of Coveris Americas makes it North America’s seventh-largest packaging company.
The company’s sixth acquisition since entering the flexible packaging industry.
$1 billion to purchase companies would allow flexible packaging revenues to surpass printing for the first time.
Media company acquired the facility as part of its agreement to buy Sun Media’s English-language properties in 2015.
Newspaper publisher shifted the plant’s work to Transcontinental in July.
Move due to the shifting landscape for some commercial products.
Thirteen newspapers, equipment and book business sold to Star news Publishing.