DuPont sells Liqui-Box business to US private equity firm Sterling

30 December 2011 20:27  [Source: ICIS news]

HOUSTON (ICIS)--DuPont has sold its Liqui-Box packaging business to US private equity firm Sterling Group for an undisclosed sum, officials said on Friday.

A DuPont spokesman confirmed the deal but declined to disclose for how much Liqui-Box was sold.

DuPont had acquired Liqui-Box in 2002 in a $333m (€256m) deal.

Worthington, Ohio-based Liqui-Box is a supplier of flexible packaging to the global dairy, beverage and bulk food markets.

Houston-based Sterling Group has interests in manufacturing, distribution and services companies.

($1 = €0.77)

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By: Stefan Baumgarten
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