Chicago-based Coveris acquired Supraplast, a shrink sleeve and adhesive label technologies company based in Guayaquil, Ecuador.
Supraplast offers shrink sleeves, self-adhesive labels, safety seals and PVC and PET shrink films for value-added, end-use markets such as food and beverage.
This acquisition will afford Coveris an opportunity for expansion and growth in the South American region.
“We are very pleased with the acquisition of Supraplast, our first operation located in South America,” says Gary Masse, Coveris president and CEO. “We look forward to continued growth in Latin and South America.”