5 February 2007 – Linpac Materials Handling has completed the acquisition of Allibert-Buckhorn from Myers Industries for an undisclosed sum. The deal was first announced in October last year, but required regulatory approval in a number of European countries (see PRW.com 20 October 2006).
Allibert-Buckhorn’s business is focused on returnable packaging, principally stacking and nesting containers and bulk boxes. It complements Linpac’s own activities in materials handling equipment and related services.
The two businesses will continue to operate separately in the immediate future, but Linpac says the forging of the two into a single entity has already begun and will continue as a matter of the highest priority.
The combined operation will be headquartered at the Allibert-Buckhorn site in Nanterre, France with immediate effect.
Linpac Materials Handling’s managing director Laurence Tanty has been appointed managing director of the combined business.
