Chesapeake Looks to buy European Company

Chesapeake Corporation declared wholly unconditional its offer for Boxmore International PLC, a European packaging company focused on pharmaceutical and healthcare sectors.

Thomas H. Johnson, president and chief executive officer of Chesapeake Corporation, said, "This acquisition cements Chesapeake’s position as a leading European specialty packaging company. The acquisition of Boxmore is another step in anchoring Chesapeake as a global leader in specialty packaging and merchandising services."

Boxmore, headquartered in Belfast, Northern Ireland, operates 19 facilities in Ireland, the United Kingdom, France, Belgium, Germany, and, through joint ventures, in South Africa and China.