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SCA sells North American packaging operations to Metalmark Capital

24/01/2007Source: AltAssets.  

Click here for the latest news, views and interviews in the clean energy investor communitySCA has agreed to sell its North American packaging operations to Metalmark Capital for $400m in cash.

The North American operations have annual sales of approximately $430m, according to a statement. The sold operations comprise protective packaging, consumer packaging and temperature-assurance packaging solutions.

Metalmark Capital focuses on investments in sectors including industrials, healthcare, financial services and natural resources.

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