Coveris Holdings S.A., a Chicago-based packaging and coatings solutions company, acquired Olefinas, an agricultural plastics company with operations in Guatemala and Mexico.
Entering Latin America supports Coveris’ initiative to provide a full range of packaging solutions for agricultural products. This is the second new geographic market Coveris has entered in the past six weeks, following the acquisition of Elldex, a full-service flexible packaging company in New Zealand.