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Kerr Group Inc.
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PRESS RELEASE
June 3, 2005
Berry Plastics Corporation Acquires
Kerr Group, Inc.
EVANSVILLE, INDIANA, JUNE 3, 2005 – Berry Plastics
Corporation (“Berry”) today announced that it has completed
the acquisition of Kerr Group, Inc. (“Kerr”) for $445
million, including repayment of existing indebtedness. The
purchase price was funded with additional senior secured
debt.
Brent Beeler, Chief Operating Officer of Berry, will
oversee the integration of the two companies. The
combination of Berry’s eighteen U.S. and international
plants with the nine Kerr domestic facilities will provide
enhanced geographic coverage benefiting the customers of
both Berry and Kerr. The first priority is to assure service
to our customers and direction to our employees.
...more
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Vent Band News:
The new
Vent Band
makes it's debut
in the beverage section of your local grocer.
Kerr Group, Inc. has introduced the Vent Band 33mm compression
molded/lined hot-fill beverage closure on Quaker Oats Gatorade All
Stars.
...more
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Today, with many new products and an
expanded market focus, Kerr maintains strong relations with such
respected companies as Abbott, American Home Products, Bayer, CVS,
Hunt-Wesson, Merck, Pfizer, RJR Nabisco, Seagram, and Warner Lambert....(more) |
| Kerr Group, Inc. has announced that it is
launching
Tab-II child resistant packaging (CRP) on Wyeth Advil and
Anacin analgestic pain relievers. The
Tab-II CRP, Kerr reports, has
scored 100% in the Consumer Product Safety Commission protocol
testing.
(more) |
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